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1975/6 Montreal Olympics $5 And $10 Coins

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Valued Member

Canada
64 Posts
 Posted 12/29/2014  9:21 pm Show Profile   Bookmark this topic Add GRcoins to your friends list Get a Link to this Message Number of Subscribers
Hi All

In searching for more of my grandfather's coin collection, I've found my dad's collection of $5 and $10 1975 and 1976 Olympics coins from the mint. They're encased in circular plastic containers, but otherwise loose. There are about 30 of each denomination. I'm wondering what they might be worth.

Thanks for your help!

GRcoins
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JimmyD's Avatar
Canada
21603 Posts
 Posted 12/29/2014  9:31 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
According to Coins of Canada, the book price for the $5.00 is
$20.00 each and the $10.00 is $40.00 each but I have seen them for less on ebay.
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 12/29/2014  10:02 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Melt them ! No real collector market for these at present.
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 12/29/2014  10:03 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
They minted tons of those, all struck in .925 silver. Their values are closely tied to the price of silver... silver goes up, they are worth more.

The $10 denomination coins have 1.44 ozt (troy ounces) of silver each.
The $5 denomination coins have .72 ozt of silver each.

A couple of things to look for:

Series I 1973 - $10 1973 World Map Error (1974 date)
Die clashes (here is an example I have handled)

1975/6-Montreal-Olympics-$5-And-$10-Coins

Other errors are exceedingly rare...
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Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Alexer's Avatar
Canada
2632 Posts
 Posted 12/29/2014  10:21 pm  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
@SPP - Thats a beautiful clash..and on silver..yummy
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 12/29/2014  10:36 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Unreal.............. the "Killer Queen" Olympic ............. Nice !
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 12/29/2014  10:47 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 always check my Olympic silver for die clashes now...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Valued Member
Canada
64 Posts
 Posted 12/30/2014  12:31 am  Show Profile   Bookmark this reply Add GRcoins to your friends list Get a Link to this Reply
Hi guys

Thanks for the info! I'll have a look for the clashes.

GRcoins
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kuh_85's Avatar
Canada
2366 Posts
 Posted 12/30/2014  01:16 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Also if you have the frosted proof coins they're worth more than the regular BU ones.
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Altaira's Avatar
Canada
2519 Posts
 Posted 12/30/2014  01:26 am  Show Profile   Bookmark this reply Add Altaira to your friends list Get a Link to this Reply
SPP, is that one a bad clash or is it because of the flat relief of the obverse?
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Alex A's Avatar
710 Posts
 Posted 01/03/2015  11:20 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
I have never seen these sell for anything close to BV. The complete series sets in cases often sell for a lot more.

So what would be a "reasonably fair" price to pay for the $5 proof and $10 proof individual coins?

Valued Member
Canada
64 Posts
 Posted 01/03/2015  6:24 pm  Show Profile   Bookmark this reply Add GRcoins to your friends list Get a Link to this Reply
Hi All

I had a look at the coins - no great clashes and I'm not sure if they're frosted or not. The gold coins are so heavily frosted that in comparison I don't know!

I did find a few things however. For example on the 1974 $5 coin, the queen's lower lip is diminished to some degree and almost completely missing on some (flush with the coin surface except at the end). I also noticed that the front two jewels on the queen's crown are also greatly reduced in the 1975 $5 coins. Is that normal?

1975/6-Montreal-Olympics-$5-And-$10-Coins

1975/6-Montreal-Olympics-$5-And-$10-Coins

1975/6-Montreal-Olympics-$5-And-$10-Coins

Also in the 1975 javelin coin, there is a deep gouge below the second X and a couple of others to the "l" and the "y". Also a curly gouge between the "a" and "r" in dollars.

1975/6-Montreal-Olympics-$5-And-$10-Coins

And a bright silver spot (much brighter than the rest of the coin) under the 1976 date on one coin.

1975/6-Montreal-Olympics-$5-And-$10-Coins

And doubling on a few of the coins. The tip of the "t" in Montreal is shorted in some of the $10 1974 coins.

1975/6-Montreal-Olympics-$5-And-$10-Coins

Does any of that help out the values of these coins?

Thanks for your help! And sorry for the photos - my camera does not like photographing through the plastic covers.

GRcoins
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