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Starting A Hoard

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Valued Member

Canada
496 Posts
 Posted 10/26/2013  1:02 pm Show Profile   Bookmark this topic Add billfrak to your friends list Get a Link to this Message Number of Subscribers
I am just getting ready to start going through jars of coins . javascript:insertsmilie('')should I sock away all copper 1996 and prior , nickel 1982 and prior (plus 2000 p), and 10 cents 1980 ( of course the 1969 lg date) and 1978 and 1991 - 25c. Is this correct? Any other dates?javascript:insertsmilie('')
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nalaberong's Avatar
Canada
2805 Posts
 Posted 10/26/2013  2:15 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
I'm ashamed to say I keep all nickel nickels and copper pennies. You're in good company.

You also want to set aside these nickel dates: 1991 and 1970. Both are difficult to find - I have just under $20 in Tiara bust nickel nickels, and only one was a 1970.

For dimes... look out for the slightly more difficult 2001 Bluenose design (since most 2001 dimes are Volunteer commemoratives).

And for quarters, 1970 is also a date to look out for. My only 1970 quarter is a Dryer Coin, so it has novelty value only...

And don't neglect the loonie and toonie!!

You know the new security features on 2012 loonies and onwards? Some 2012 loonies lack these features, but most were lost in a truck accident (really). As far as I know, I'm the only person to have found one in circulation... in the first loonie roll I ever opened! I'm still gloating about it, because I didn't get the chance to squirrel away any uncirculated ones. Same with old-style 2012 toonies, although reportedly they are easier to find - the mintage is lower, but there was no truck accident to thin the numbers further.
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Petersun's Avatar
Canada
1700 Posts
 Posted 10/26/2013  2:30 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
I do the same thing! Pennies are now out of circulation and the pre 1996 pennies I hoarded are now harder and harder to be found in circulation.
Valued Member
Ningcumpoop's Avatar
Canada
220 Posts
 Posted 10/26/2013  2:35 pm  Show Profile   Bookmark this reply Add Ningcumpoop to your friends list Get a Link to this Reply
I would go 1 step further and save any nickels, dimes and quarters from 2001 and back that are cupro-nickel. These coins are being recovered by the Mints Allow Recovery Program and destroyed. Eventually all coins will be plated steel and these cupro-nickel and nickel coins will be tough to find in circulation.
Bedrock of the Community
Joseph7420's Avatar
Canada
11922 Posts
 Posted 10/26/2013  6:40 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
Silver dimes and quarters, 1967 and below. And I find anything with the 2001 no P and 2003 old effigy harder to find.
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United Kingdom
837 Posts
 Posted 10/26/2013  7:37 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
@ nalaberong
could you please tell the full story about how those loonies got lost in a truck accident ?


Is there a picture somewere of the rare loonie that you own ?
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nalaberong's Avatar
Canada
2805 Posts
 Posted 10/26/2013  8:39 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
OK, I guess it sounds ridiculous.

But here are the fairly recently released 2012 mintages:

Quote:
1 Dollar (Aureate Nickel): 2,414,000
1 Dollar (Plated Steel): 107,105,000
1 Dollar Lucky Loonie: 5,000,000
1 Dollar Grey Cup: 5,000,000

2 Dollars (old-style): 1,531,000
2 Dollars (plated steel): 82,862,000
2 Dollars (Shannon): 5,000,000

The old loonies are already outnumbered by about 50 to 1 by new 2012 loonies - but that's not too bad.

A claim from our forums:

Quote:
I've gone through about 2,000 loonies and can't find one.


So... why? I mean, about 2.5 million is plenty. You'd think they'd be out there, yes?

Well... apparently, they got splattered all over the highway after a Brinks truck crash. This is not a joke.
Starting-A-Hoard
http://news.nationalpost.com/2012/0...oss-highway/

So they lost $3,000,000 in mixed loonies and toonies... if loonies outnumber toonies with 2 loonies for every toonie (as indicated by the mintages above), that would leave a little less than 1,000,000 old-style loonies in circulation. After all, the crashed loonies would have been picked up by an electromagnet... and most likely melted!!

However, the article does include a map, so if you have a metal detector and live near the Ontario/Quebec border...

Here is mine.
Starting-A-Hoard

On this forum, it's the only account of an old-style loonie being found in circulation in recorded history: and now the Mint is melting down those old loonies as fast as it can get them in!
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 10/26/2013  8:50 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
Oh how I wish my camera worked... well my parents have the best of luck and on July 16th, 2013 my mom got the 2012 old style loonie in her change. I guess there's no proof I have it without pictures but maybe one day...
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Ningcumpoop's Avatar
Canada
220 Posts
 Posted 10/26/2013  8:51 pm  Show Profile   Bookmark this reply Add Ningcumpoop to your friends list Get a Link to this Reply
How do we know that the loonies in the truck were all 2012 loonies? I didn't find anything in the few news articles that I read.

How do we know that they got melted after? Don't see why they would, just pick them back up and roll them.

They are available on ebay in mint condition and in rolls.

I think if there is only 1 lower grade circulated example out there then the price cannot be more than all the ones in mint rolls, if it were then I would take some out of the roll and rub them on the grass to make them more valuable.

I picked up 2 mint rolls at the Winnipeg boutique in Feb 2012. In rolls is where most are sitting right now but there will be more in circulation.

I guess if we can't find them, then we may have to buy one.
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DoubleEagle20's Avatar
United States
1750 Posts
 Posted 10/26/2013  8:56 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
I have heard that the ARP is aiming at the old loonies and toonies now. I bought two uncirculated 2012 aureate nickel loonies at a coin show. I suspect a good part of the mintage went straight into the ARP. They are going to be a rare coin, IMO.

IMO, hoard any cents 1996 and before, any pure nickel coins from 2000 and before, including the 2001 pure nickel 25 cent.

I would also put collections of the old loonie and toonies together now, while they are cheap.
Edited by DoubleEagle20
10/26/2013 9:31 pm
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nalaberong's Avatar
Canada
2805 Posts
 Posted 10/26/2013  9:02 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
From the colour of the loonies, they are certainly old-style.

And they all look shiny and new, which indicates that either the Mint hires a team of monkeys to pick only shiny loonies to ship into Quebec, or that they are all from 2012.

It's most likely they are 2012 loonies.

And, I assume they would have been "compromised" and not fit to distribute... because if those 1,000,000+ loonies had been distributed, the circulated population would be higher. Instead, almost all reports from CCF members exhibit the lower-mintage (but maybe more frequently encountered) old-style toonies outnumbering old-style loonies by a disproportionately large amount (too large to blame it on toonies being used more often).

Quote:
UNC details road rash


For the record, mine exhibits no visible signs of being scraped across asphalt or flung onto a roadway, so I also assume it is not from the accident.
Pillar of the Community
Canada
5324 Posts
 Posted 10/26/2013  9:05 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
the new security designed 2012 loonies and toonies are slightly smaller and weighs less than the old design thus the need for the RCM to arp all the old loonies and toonies. The RCM only distributed a small amount of 2012 old style coins mainly in western Canada and the transport truck to Ontario overturned on the TransCanada highway. these are the main reason very few old styles 2012 loonies and toonies in circulation in eastern Canada
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 10/26/2013  9:33 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
Oh no, this thread is being hijacked!

Back to the topic now... for loonies and toonies, quite a few of the commemorative ones have lower mintages. For non-commemoritive ones...

Toonies: 1997-2001, 2003 & 2004, and 2010 are low.
Loonies: 1992, 2003 & 2004, and 2010 are low.

Toonies made in 1999 & 2000 with polar bears have extremely low mintages. With 117 318 and 186 986 made.

Loonies dating 1997-2001 are not made for circulation. So if you find those, keep them.

Anything 1970 and 1991 (excluding loonies and toonies) will be hard to find.

And the quarter dating 1983 I just can't find anywhere!

And of course everything everybody else said.
Edited by Joseph7420
10/26/2013 9:34 pm
Pillar of the Community
United Kingdom
837 Posts
 Posted 10/26/2013  9:46 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
@ nalaberong

Thanks for the link, what an interesting story ! I couldnt believe two of my favorite things in life were spilled all over that highway. I guess the authorities are pleased that all those coins spilled out at 4am .....

I would have loved to see that industrial strength magnet the article talked about I guess it was good fortune that your newer coins have a bit of steel in them ...

On the other hand I kinda feel sorry for you guys about the whole situation with the ARP .....
Pillar of the Community
United Kingdom
837 Posts
 Posted 10/26/2013  9:47 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
@ nalaberong

Thanks for the link, what an interesting story ! I couldnt believe two of my favorite things in life were spilled all over that highway. I guess the authorities are pleased that all those coins spilled out at 4am .....

I would have loved to see that industrial strength magnet the article talked about I guess it was good fortune that your newer coins have a bit of steel in them ...

On the other hand I kinda feel sorry for you guys about the whole situation with the ARP .....
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nalaberong's Avatar
Canada
2805 Posts
 Posted 10/26/2013  10:15 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Well... the old loonies are solid nickel inside, which is also magnetic.

So you can have a bit of fun (not that I've ever done this, of course) with a hard drive magnet, some good (preferably transparent, dark, or at least difficult to spot) string, and a suitable location.

I've been meaning to try it in the big pool at West Edmonton Mall, but that would be the heist of the century when it comes to playing around with magnets on strings.
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