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New 1966 Fifty Cent Piece Variety...?

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wert's Avatar
1988 Posts
 Posted 04/01/2012  4:15 pm Show Profile   Bookmark this topic Add wert to your friends list Get a Link to this Message Number of Subscribers
Hi guys

I have two 1966 Canadian fifty cent pieces that have different edges to them...Did not know there were 2 types.

I weighed both of them (not with a super accurate scale).

1 - Square edged coin weighs......12 grams.
2 - Bevelled edge coin weighs.....11 grams.

Did a CAST (Coin Analysis System Test) that I have been working on and there is not too much difference in frequencies as the pictures below show.

New-1966-Fifty-Cent-Piece-Variety...?


New-1966-Fifty-Cent-Piece-Variety...?



New-1966-Fifty-Cent-Piece-Variety...?

New-1966-Fifty-Cent-Piece-Variety...?

ANY THOUGHTS WOULD BE APPRECIATED.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 04/01/2012  5:13 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I would rely much more on your ring analysis testing than your admittedly not super accurate scales.
I have some Australian sterling silver florins which exhibit the same bevilled edge characteristic, where most of them do not. On close inspection, the bevilled ones appear to have been bevilled AFTER they were struck, by the Mint.

My guess is that they were adjusted for weight.
On the other hand, it may just be an illegal recovery of silver.(post Mint)
Are there definite stop or start marks on the circumference? My coins show this up quite well.

I note that this pair are silver as well.
The bevilled edging has intrigued me, but not enough to ask why, until now.
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wert's Avatar
1988 Posts
 Posted 04/01/2012  5:19 pm  Show Profile   Bookmark this reply Add wert to your friends list Get a Link to this Reply
Hi sel_69l...

I looked at what you wrote about the coin..The only problem is that these coins were collected by my Father from the 40's, 50's, etc...He would not have known to do what you imply..Not being sarcastic, just stating a fact.

You are correct about the weigh scale though...
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sel_69l's Avatar
Australia
21788 Posts
 Posted 04/01/2012  6:20 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I really have no idea if my coins were bevilled by the Mint or that was done later on. My sterling silver florins were issued by the Melbourne mint in 1940. I have not weighed my coins. I am curious enough to have that done now.

Your inquiry had re invigorated my curiousity. Now, I would really like to know as well.
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wert's Avatar
1988 Posts
 Posted 04/01/2012  6:30 pm  Show Profile   Bookmark this reply Add wert to your friends list Get a Link to this Reply
Hi sel_69l

My one question is, would silver have been in such a demand back in the 60's as to have some one even try to bevel off pieces...?
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Canada
2301 Posts
 Posted 04/01/2012  6:35 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
You may consider that 1 is a circulation strike...beveled, and 1 is a PL strike....squared rim.
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wert's Avatar
1988 Posts
 Posted 04/01/2012  6:46 pm  Show Profile   Bookmark this reply Add wert to your friends list Get a Link to this Reply
nickelsguy...That is a thought....No big deal then...Well, better luck next time..Eh...
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sel_69l's Avatar
Australia
21788 Posts
 Posted 04/02/2012  09:51 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
From what I can figure, the price of silver in 1960 was approximately $2.50 per ounce. Factored for inflation from that time into current dollar values, that works out to around $20 to $25 per ounce. There was no obvious peak in prices around the early 1960's, that didn't happen until the failed speculation by the Hunt Brothers later on.

In terms of the silver price history around the 1960's per se, I can't see that as the reason for bevelling silver from the edge of silver coins.
Edited by sel_69l
04/02/2012 10:06 am
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wert's Avatar
1988 Posts
 Posted 04/02/2012  11:06 am  Show Profile   Bookmark this reply Add wert to your friends list Get a Link to this Reply
Well said sel_69l

I can't see anyone at time time frame chiselling off pieces of silver, when they had the whole coin in their hands to melt down...So I will have to go with nickelsguy


Quote:
You may consider that 1 is a circulation strike...beveled, and 1 is a PL strike....squared rim.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 04/02/2012  7:03 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I now tend to think that the edges were bevelled by the Mint.
That leads to a question:
The 1940 florins I have are bevelled and they were definitely are issued for circulation pieces ONLY. That leads to a question. If the mint bevelled them,
WHY?
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Canada
2301 Posts
 Posted 04/02/2012  7:30 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
Beveling of circulation strikes is to ease pressure on the dies. PL, Specimen and Proof strikes have much sharper edges to the legends and designs. Different press speeds and pressures etc. etc.
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Canada
10464 Posts
 Posted 04/02/2012  7:45 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I concur with nickelsguy, you see the same phenomena with nickel dollars in the 1970s, when comparing business strikes with specimen or PL strikes.
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wert's Avatar
1988 Posts
 Posted 04/02/2012  7:54 pm  Show Profile   Bookmark this reply Add wert to your friends list Get a Link to this Reply
So...Let me get this straight...Both "squared" and "bevelled" edges were put out into circulation...?

If so, what would be the ratio...?
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9874 Posts
 Posted 04/03/2012  12:56 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Is the edge bevelling done when the planchet is rimmed? If so why does the metal not flow to fill the collar? The bevel can't be in the die or collar. Where's Ugly when needed?
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sel_69l's Avatar
Australia
21788 Posts
 Posted 04/03/2012  02:37 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
It seems that in the case of my coins of 1940, my first guess re weight adjustment could be right. I have seen quite a few florins around this time with the same characteristic.

With my coins, the bevelling appears to have been done by the Mint after striking but before issue, by reason of the way the markings left behind by the bevelling process. However I am still open to the idea that the the planchets were prepared that way before striking.
Edited by sel_69l
04/03/2012 03:23 am
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