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 Replies: 13 / Views: 12,513 |
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Pillar of the Community
United States
3640 Posts |
I just noticed the post before this one, before I posted this.
Just found this in a roll from the bank (U.S.)
Was about to just toss it but noticed in was in Unc. condition.
Has a P on the obverse also but a ship on the reverse unlike the posted coin before. Maybe an uneducated question but ?
Would the P stand for Proof ? Either way, is it worth keeping
or just roll it back up ?
Thanks
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Moderator
 United States
56855 Posts |
Doesn't the "P" stand for Plated? There was two different ones made that year,one was a commemorative. John1  Edited by John1
06/12/2009 5:41 pm
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Valued Member
Canada
386 Posts |
On Canadian coins, the "P" means the coin is plated.
On pennies between 2001 to 2006, it indicates a composition of a steel core plated by copper.
On nickels thru dollar coins from 2000 to 2006, it indicates a composition of a steel core plated by nickel.
The 2001P dime is relatively rare. That year two dimes were made the more common "Volunteers" commerative and the less common schooner (Blue Nose) dime.
Edited by 1945V
06/12/2009 9:34 pm
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Valued Member
Canada
287 Posts |
The 2001P dime is not rare, unless +200 million in circulation is considered rare. The 2000P however is a sought after item, as none were produced for actual circulation, and are listed at $650 and up for MS-60. Don't tell anyone, but I believe the 2006P penny is another little know rare one. After 2006, although still using plated, the P was replaced with a Royal Canadian Mint logo. |
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Pillar of the Community
 United States
3640 Posts |
Thanks all for the info. I saw one on ebay that was a proof. Nice looking coin. It had the P on it also. A plated proof ? Also read there was a silver one. Oh well, guess it's just worth a dime (ten cents:) |
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Valued Member
Canada
287 Posts |
To clarify my earlier post, the 2006P penny is worth about $5CDN. There were 5 different version of the 2006 penny. Some were copper, and some were plated. Two versions have the mint logo, one plated, one copper. Two versions have no mint mark, one plated, one copper. And the 2006P (assuming plated since I've yet to find one). All of these have been mass produced except for the 2006P, and the 2006 no mint mark plated; the latter being worth in excess of $600CDN. It can be distinguished only by the use of a magnet, as with all of the Canadian plated pennies. The plated one will be attracted to the magnet. Hope that helps, and happy coin hunting. |
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Valued Member
Canada
386 Posts |
Rikcando, You correct there is 5 versions of the 2006 penny. But the mint stopped making pure copper pennies in 1996. Here is additional information on the varieties: 1) Two versions have the mint logo ( RCM): one magnetic (steel core copper plated) and one non-magnetic (zinc core copper plated) 2) Two versions have no mint mark, one magnetic (steel core copper plated) and one non-magnetic (zinc core copper plated) 3) 2006 with P mint mark is magnetic (steel core copper plated) |
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Valued Member
Canada
287 Posts |
Thank you 1945v for the correction.
I do have an issue with calling them magnetic, as they do not contain a magnetic field. They simply contain ferrous material. They should have been labeled ferrous and non-ferrous; but they never asked me.
Regardless, Thank You again for your correction.
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Pillar of the Community
United States
3640 Posts |
Hi again. I was reading the follow ups and I just
found a 2006 dime with the P on the obverse. It is Unc. cond.
and sticks to a magnet. Worth keeping ?
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Pillar of the Community
United States
3640 Posts |
Still a little confused here as some say the P stands for plated
and others say it is a Mintmark ? Where would the mint mark be ?
Same place as where the P is ?
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Pillar of the Community
Canada
598 Posts |
One Cent Coin "P" is the composition mark... for plated as stated above; found just below the Queen's rite neckline and without any other mark. Mintmark is either none(Ottawa) but with a "P" if plated, or "W" for Winnipeg(typically collector series). A stylized RCM logo(Ottawa) has replaced the "P" composition mark. A 2006P dime is a plated dime now typical for circulation. >>>edit. I need this for later but had me book out now so did it here... hey it's relevantly opposite the plated discussion being non-plated.  1943 - 1979 Canadian Cents Composition: .980 copper, .005 tin, .015 zinc Weight: 3.24 grams 1980 - 1981 Canadian Cents Composition: .980 copper, .005 tin, .015 zinc Weight: 2.8 grams 1982 - 1996 Canadian Cents Composition: .980 copper, .005 tin, .015 zinc Weight: 2.5 grams Edited by IBGolden
07/04/2009 5:23 pm
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Pillar of the Community
United States
3640 Posts |
Thanks. I appreciate what you stated. Still confused but what the heck. I must of read too much of the above posts. This is a dime not a one cent. Guess it is just worth a dime then. Just one more question. Could the plated dimes (the ones with the P on the obverse
where you stated it is) also have a mintmark ? And where would that be located ? I have seen (as in my first post) that newer mintmark/logo already.
So to try to clarify: A 2006P dime is just a plated dime that sticks to a magnet and it has no mintmark just the P for plated.
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Pillar of the Community
Canada
636 Posts |
Ok, I'm going to try and simplify this. The P is not a mint mark in the least, its just signfies the plated steel composite. There are no mint marks (which signifies what mint the coin was produced) on modern Canadian circulated coins. (Prior to 1908 when Canada did not have its own mint they were produced in Great Britain at their own government mint, or they outsourced it to a private Mint called Heaton that was located in Birmingham.Those coins have an H mintmark) The only exception that modern Canadian coin do have a mint mark is on some proof-like sets, in which some of them have a W, which signifies the Winnipeg mint. There are also some proof-like sets in which you will see a WP singifying Winnipeg and plated steel. If you ever find a W or WP in your loose change then someone has ripped open the proof-like set and spent it. BTW, if you find a W or WP the mark is located on the obverse exactly when you are seeing the P's. Edited by Dollar1948
07/05/2009 07:09 am
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Pillar of the Community
United States
3640 Posts |
Very good. Thanks. Got it now. I remember the H's on some older can.
coins I used to have. So that new logo on my original dime post is just that, a logo. I noticed when I looked it up at world coingallery
it stated new with no KM#
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Replies: 13 / Views: 12,513 |
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Posted 06/12/2009 9:33 pm
