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 Replies: 26 / Views: 4,299 |
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Pillar of the Community
United States
1750 Posts |
The only positive DaytR is that Canadian pure nickel mint sets can be still be bought at decent prices. I bought a 1971 set for $2 USD today at my local coin dealer. The cent has a splotch on it, but all the rest of the coins are really nice including the British Columbia nickel dollar...which I cannot have enough of for some weird reason.  Edited by DoubleEagle20
10/26/2013 11:37 pm
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Pillar of the Community
Canada
2805 Posts |
Wow... that's pretty much face value!
I also really like the 1970 nickel dollar.
But what I really want is one of those GAN counterstamps on one.
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Valued Member
Canada
220 Posts |
@billfrak I would also keep all the American 1981 and down pennies as well, they are 95% copper. Also some 1982's but it's time consuming to sort them as you have to weigh each 1982 penny to tell if its primarily copper or zinc.
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Pillar of the Community
United States
1750 Posts |
Easy way to tell on the 1982's is the simple ring test. Use one of our Zincolns (as we call them) and the suspect 1982. A real copper 1982 Lincoln will have a higher pitch ring than the duller thunk of a Zincoln when dropped on a hard surface. You may want to consider saving our 5 cent pieces as well. They are the same composition as your 1982-2001 5 cent pieces.
HEY! That makes me wonder how many of our 5 cent coins are being ARP'ed. This sounds like grounds for invading Canada!
Just kidding! Maybe...lol.
But if you are ARP'ing our Zincolns, then we should award you folks a medal. I hate those dang things with a passion.
Yup, he sells them pretty cheap, nalaberong. I also have extras of the Manitoba nickel dollar as well. 1970 and 1971 were the best designs on the nickel dollars other than the Voyageur design, IMO.
Edited by DoubleEagle20
10/27/2013 12:00 am
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Valued Member
 Canada
496 Posts |
Thanks all. forgot about socking away the US coinage. |
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Pillar of the Community
United Kingdom
837 Posts |
Quote:
HEY! That makes me wonder how many of our 5 cent coins are being ARP'ed. This sounds like grounds for invading Canada!
 Quote:
But if you are ARP'ing our Zincolns, then we should award you folks a medal. I hate those dang things with a passion. Oh my ! Interesting points DoubleEagle ! If the RCM finds foreign coins in coins destined for the ARP what happens to them ? Edited by DaytR
10/27/2013 8:30 pm
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Pillar of the Community
United Kingdom
2135 Posts |
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Pillar of the Community
United States
1750 Posts |
Alloy recovery program or "ARP" is a program instituted by the Royal Canadian Mint. It's goal is to replace all Canadian pure nickel and legacy loonie and toonie coins with new plated steel coins. The older pure nickel coins, loonies and toonies are separated from existing plated steel coins at coin sorting companies and sent back to RCM for destruction and re-marketing to the metals markets. The result for collectors of Canadian coins is an entire generation of coinage dating back to 1968 is disappearing, mainly for profit motives. I believe I have it correct, but please feel to correct if I am in error in any way. Edited by DoubleEagle20
10/27/2013 9:07 pm
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Valued Member
Canada
387 Posts |
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After all, the crashed loonies would have been picked up by an electromagnet... and most likely melted!! I have confirmation from the mint that all the loonies and toonies lost in the accident were part of their ARP. They would however not disclose the quantities involved. The reason given to me was that disclosing the quantities involved with lead to knowledge of amounts of coins that could be transported in such trucks and therefore a security risk. |
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Valued Member
Canada
220 Posts |
Good detective work Paisa, this is good news for those who have some....not so good for those still looking.
@billfrak, just keep everything.....then you will have a true hoard
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Pillar of the Community
United Kingdom
837 Posts |
@Paisa Thats interesting info you elicited !  Its sad those coins were headed for the smelter ... I wonder if any metal detector waving enthusiasts scouted that area in case a coin or two was missed ...... |
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Replies: 26 / Views: 4,299 |
First Page
Posted 10/26/2013 10:34 pm
