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 Replies: 12 / Views: 2,002 |
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Pillar of the Community
Canada
1733 Posts |
I'm moving my collection forward to present day and I'm looking around as always. So... the fifty cent piece that was the workhorse of Canadian change for so long is now all but disregarded. Mintages are staggeringly low all things considered and compared to other coins. Rolls are cheap as heck.
do you
- think they'll stop minting them altogether in business strikes since they never see circulation?
- think it's wise to buy rolls instead of just select singles?
Additional thoughts?
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Pillar of the Community
 Canada
9865 Posts |
They haven't been issued for circulation for a number of years now.Rolls are available for collectors,but none are distributed for general circulation.
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Pillar of the Community
 Canada
1733 Posts |
So what kind of strike is in the rolls they sell?
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Pillar of the Community
Canada
3692 Posts |
BU, I assume. I think they're business strikes. Such a beautiful coin gone to waste, I agree. If you're going for silver strikes, go for singles. With nickel issues I'd go for proof, because they're meant to be collected and not spent. Might as well have a batch of sick looking 50 cent pieces. I've thought of that route before.
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Pillar of the Community
United States
511 Posts |
It's not easy to find the low-mintage dates (1986 into the '90s) in the U.S. If anyone has BU rolls, I'm interested.
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Bedrock of the Community
Canada
10743 Posts |
Yeah.. I agree the nickle fifty cent is gone, It's so bad I have been turning them down in my bank, people are bringing them in, but no one seems to want them, I've got loads and, have traded a few on the Forum, but that's about it.  |
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Pillar of the Community
Canada
1733 Posts |
Yeah I think I'll acquire all the rolls over the summer. Seems to be a lot of demand and very little supply.
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Valued Member
Australia
138 Posts |
I think that when they get rid of the penny people will start use 50 cent pieces again.
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Pillar of the Community
Canada
1733 Posts |
Actually that's an interesting hypothesis. Why do you say that?
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Pillar of the Community
Canada
1554 Posts |
 Hello Handsome, my opinion on Canadian halves are that the choicest ones to collect are between 1870-1967 in the highest grades you can afford! Glenn |
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Pillar of the Community
Canada
1733 Posts |
lol Glenzy :)
I have completed my sets up to 1960, I have no choice but to go forward if I want more. While I would like a few higher grade of the early years I'm not all that keen on pumping out many 10's of thousands of dollars for higher grade pieces. I'd rather put that money into bank notes personally.
Maybe if I had realized how much the prices would climb I would have bought more in the eighties but then my investments have done better than the coin market so that wouldn't have been too bright either.
Everything is a compromise.
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Valued Member
Australia
138 Posts |
I remember reading an article about either the 2002 50 cent or maybe one the US dollar coin releases and a reason a lot of these coin releases fail is because businesses just don't have room in their registers for a new coin. So if we got rid of one circulating coin it might be easy to get people circulating halves again.
The only nickel halves I currently own are the ones I've received in lots. They certainly don't compare with the silver ones but I understand why you'd want to start collecting the newer ones. It should be a relatively cheap set to complete!
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Pillar of the Community
Canada
650 Posts |
Halves were very seldom used, Quarters are easy to carry around.I looked up a value comparrison chart and really the penny ,nickle and dime are really obsolite if you consider that a quarter today is the equivalent of a penny in 1860. Wages were about 6 cents an hour for unskilled labour.So a Half was worth a days wages .Nice coin but like I said easy to carry 2 quarters and to close to the loon size.
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Replies: 12 / Views: 2,002 |
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Posted 04/29/2010 09:49 am
