New To Canadian Coins - Help Please!

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Author	Replies: 7 / Views: 1,799
nepavending New Member United States 45 Posts	Posted 12/08/2013 09:46 am Hey all, I have been posting on the US and CRH areas, and have come across hundreds of Canadian coins. I am seeking help to determine what cents and nickels dates to look for (I am pretty solid on dimes and quarters, and what years are silver). So far I have hundreds of nickels and over 1,000 cents and am not sure of value or what to look for. What reading I have done suggests cents are worth close to 5 cents now because of them being discontinued and melted by the Mint. I have checked out the Coins and Canada site also but not sure how updated that is. Thanks all! Report this Post to the Staff

doubleeagle59 Pillar of the Community Canada 2495 Posts	Posted 12/08/2013 09:48 am Welcome! Post a few pictures of your coins and that would help start things. Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 12/08/2013 10:27 am Take a look through http://www.coinsandcanada.com/coins-prices.php Report this Post to the Staff
nepavending New Member United States 45 Posts	Posted 12/08/2013 6:10 pm I have checked the coins and canada site before, is it kept up to date and reliable? Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 12/08/2013 6:13 pm In my experience it is kept as up to date and reliable as any other source. I would say in the order of 98% or better. I use it almost daily myself. Report this Post to the Staff
nepavending New Member United States 45 Posts	Posted 12/08/2013 6:52 pm I am also wondering if people are paying premium just for rolls of cents or nickels? Report this Post to the Staff
1945V Valued Member Canada 386 Posts	Posted 12/09/2013 06:38 am I think the only premiums people are paying for common circulated coins is for melt value. This translates 2-3 cents for solid copper cents (pre-1997) and about 6-7 cents for solid nickel 5 cent coins (pre-1982). The exception to the rule is varieties and rarities. Being retired from circulation does not always generate a premium. Just look at circulated Canadian silver coins. Almost 80 to 90% have been reclaimed / melted and most survivors still only fetch melt value. You have to back to the 1940s for dollar coins and pre-George VI era for all other circulated silver coins to see values well above melt . Edited by 1945V 12/09/2013 06:40 am Report this Post to the Staff
samsnate Pillar of the Community Canada 1723 Posts	Posted 12/10/2013 8:41 pm You have to go way back to get into the numis value of a coin rather than its metal content to get a decent premium out of them. Report this Post to the Staff
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