The only Canadian?
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  1. #1
    ca
    Sep 2011
    417
    27 times
    Coin roll hunting

    The only Canadian?

    Hello, everyone. I have been coin roll hunting for almost a year now looking for a variety of coins. I should say I have been collecting coins for over a year and a half, for numismatic value as well a metal value, oh and I'm Canadian. Last year I began buying a bundle of quarters every few weeks looking for all the commemorative ones and I found them. I then began going through nickels and pennies during mid winter looking for copper, kings and wheat, then for nickels I have been looking for pure nickel coins and kings. I have been lurking on this forum for a little over a month and have enjoyed reading these post so I thought I should join in on the fun. In the past few weeks I have had some amazing finds, at least by Canadian standards. I started looking through dimes last May, at first I didn't expect to find any silver as this was just an experiment but after I walked away with 4 silver dimes from one box I was hooked. I spent a good portion of my summer vacation looking for silver, wheats and kings. I don't do the massive volume that some of you on here do but each week I manage to get some coin roll hunting done. I always pick up from one bank which I have developed a relationship with so they set aside some old stuff for me. I will post my top finds which I got mostly from this one bank in a different post. This post is mainly just to say hello and find out if there are any other Canadians on this forum.

  2. #2
    us
    Jul 2010
    Garrett Ace 250, Bounty Hunter Quick Draw
    1,371
    271 times
    Coin roll hunting, British coins, ancient coins, antiquities

    Re: The only Canadian?

    I think there are a few other Canadian posters on this forum, but from what I've heard CRHing in Canada is fairly difficult because the government constantly culls silver, copper and even the pure nickel coins from circulation. On the other hand, I guess with a magnet it would be fairly easy to clear a lot of loose "silver" coins.

    One question I do wonder though is what about half dollars? From what I can tell it seems like banks can't even order boxes of them? Is that correct?
    Speeding up Gresham's law one roll at a time

  3. #3
    us
    Aug 2011
    PA
    Fisher F2, Hands
    233
    1 times
    All Types Of Treasure Hunting

    Re: The only Canadian?

    Hello and welcome! I don't know much about canadian coinage but finding silver translates in all societies. I don't have any banks saving 'old' coins for me but I've only been at it for about 6 weeks. I do have 5 more bank accounts compared to what I had 6 weeks ago lol
    Experienced CRH.

    Metal detecting for fun.

  4. #4
    ca
    Sep 2011
    417
    27 times
    Coin roll hunting

    Re: The only Canadian?

    Quote Originally Posted by Generic_Lad
    I think there are a few other Canadian posters on this forum, but from what I've heard CRHing in Canada is fairly difficult because the government constantly culls silver, copper and even the pure nickel coins from circulation. On the other hand, I guess with a magnet it would be fairly easy to clear a lot of loose "silver" coins.

    One question I do wonder though is what about half dollars? From what I can tell it seems like banks can't even order boxes of them? Is that correct?
    In Canada the 50cent piece NEVER circulates. On average the Royal Canadian Mint makes about 150,000 50cent pieces each year then sells them buy the roll at a premium to collectors, so it is sort of like how the US mint makes half-dollars NIFC. The mintage for the 50cent piece has always been very low an since the 1960s it has been very unpopular. The last silver 50cent pieces were made in 1967, then in 1968 they reduced the size and produced them out of pure nickel, so even if you were lucky enough to get any amount of these from the bank, either the silver would be loose or you would have a solid roll cause they would not fit with the modern ones. Seeing as the 50cent piece has not been made for circulation for a while, banks can't order them, only on rare occasions have I been lucky enough to get nickel 50cent pieces from the bank which were either turned in a while ago or recently an old timer brought in his stash. Any 50cent coin, silver or not in Canada is a win cause it is worth more numismatically. Something I have yet to try is putting one in a vending machine, rumour has it the machine will accept it as a dollar. The mint does try to cull the older coins but that is mainly in the east where the mints are, I live in the west so I have not really had to deal with that because most of the boxes I get consist of CWR. When I look for silver dimes I just go over it with a magnet, non magnetic will either be silver or american. You can put together a nice collection of commemoratives from quarters but silver wise, you won't find any. Copper and pure nickel nickels are plentiful where I live.

  5. #5
    ca
    Sep 2011
    417
    27 times
    Coin roll hunting

    Re: The only Canadian?

    Quote Originally Posted by dossier
    Hello and welcome! I don't know much about canadian coinage but finding silver translates in all societies. I don't have any banks saving 'old' coins for me but I've only been at it for about 6 weeks. I do have 5 more bank accounts compared to what I had 6 weeks ago lol
    Well for me customer loyalty pays off. I have one bank account with TD canada trust and I take advantage of all 5 branches in the city. I essentially all my coin from the best bank, occasionally going to the others then dump at the main branch. The main branch has so much business cliental that their coin goes immediately so they make the perfect dump bank always being happy to take coins. They rarely have pennies and are grateful when I bring some in.

  6. #6
    us
    May 2011
    95
    8 times

    Re: The only Canadian?

    I got a question for you....how common are those 25cent commemoratives? I got a few olympic ones, etc.

  7. #7
    us
    Aug 2011
    PA
    Fisher F2, Hands
    233
    1 times
    All Types Of Treasure Hunting

    Re: The only Canadian?

    Quote Originally Posted by That Canadian Guy
    Quote Originally Posted by dossier
    Hello and welcome! I don't know much about canadian coinage but finding silver translates in all societies. I don't have any banks saving 'old' coins for me but I've only been at it for about 6 weeks. I do have 5 more bank accounts compared to what I had 6 weeks ago lol
    Well for me customer loyalty pays off. I have one bank account with TD canada trust and I take advantage of all 5 branches in the city. I essentially all my coin from the best bank, occasionally going to the others then dump at the main branch. The main branch has so much business cliental that their coin goes immediately so they make the perfect dump bank always being happy to take coins. They rarely have pennies and are grateful when I bring some in.
    My my bank account has been TD Bank for 5 years - formerly Commerce Bank down in 'merica. I never had a balance over 4 digits so I doubt I'd get preferential treatment unless their manager was exceptionally nice. So far of the 4 I've dumped at near me, none are happy when I leave heh.
    Experienced CRH.

    Metal detecting for fun.

  8. #8
    us
    Aug 2011
    North Carolina
    721
    1 times

    Re: The only Canadian?

    Welcome and I look forward to reading and seeing more about your finds!

  9. #9
    us
    Jul 2011
    500

    Re: The only Canadian?

    Welcome to tnet. This thread has me wondering, here in America its kind of standard though that if you have Canadian coins in your box your going to score. Is it the same in Canada? Do you guys find alot of US coins?

  10. #10
    ca
    Jul 2011
    Ontario
    White's GMT, Garrett Pro-Pointer
    22
    Metal Detecting

    Re: The only Canadian?

    Quote Originally Posted by ScottNVAB
    I got a question for you....how common are those 25cent commemoratives? I got a few olympic ones, etc.
    Very common.

  11. #11
    ca
    Jul 2011
    Ontario
    White's GMT, Garrett Pro-Pointer
    22
    Metal Detecting

    Re: The only Canadian?

    Quote Originally Posted by That Canadian Guy
    I then began going through nickels and pennies during mid winter looking for copper, kings and wheat, then for nickels I have been looking for pure nickel coins and kings.
    What do you do with pure nickel? I've found several uncirculated rolls of 1967 and some pre'50 circulated nickels and don't know what to do with them:




  12. #12
    ca
    Sep 2011
    417
    27 times
    Coin roll hunting

    Re: The only Canadian?

    Quote Originally Posted by YuriyV
    Quote Originally Posted by That Canadian Guy
    I then began going through nickels and pennies during mid winter looking for copper, kings and wheat, then for nickels I have been looking for pure nickel coins and kings.
    What do you do with pure nickel? I've found several uncirculated rolls of 1967 and some pre'50 circulated nickels and don't know what to do with them:



    Did you get those rolls from the bank? Amazing find if you did. The coins you have, have some numismatic value to them, when I find pure nickel I do the same as I do with copper pennies, I hoard them. Last time I checked nickel was about $8 a pound so a pure nickel nickel would be worth something around 8 cents, when I began looking for pure nickel it was at $12 a pound so each coin was worth about 12 cents. But regards to what I do with them I just hoard them along with copper.

  13. #13
    ca
    Sep 2011
    417
    27 times
    Coin roll hunting

    Re: The only Canadian?

    And to answer the other questions, the commemorative quarters are fairly common but if you want a complete set of each you will have to do some searching, they are very similar to the american state quarters and the other circulating commemoratives, there are plenty to go around. And in Canada finding american coins in your every day change is very common, for a box of dimes on average I will find a roll or more worth of american dimes, pennies, nickels and quarters I find lots of americans, every penny box I go through I find at least 1 wheat. Right now I have over $125 USD which I have found from coin roll hunting, I keep it because the American dollar is worth more than the Canadian dollar, next time I go to the USA I will bring the coins. Finding american coins in Canada is a lot more common than finding Canadian coins in america.

  14. #14
    us
    May 2011
    Kentucky
    890
    204 times
    All Types Of Treasure Hunting

    Re: The only Canadian?

    I've got about four rolls of Canadian pennies, some that go back to the teens. I've also got about half a roll of dimes. I think my oldest is 1911. I love those Canadian nickels with the beaver on them. I think I've got a couple of two dollar coins that are brass or something in the middle. It's always a treat for me to find Canadian coins. Maybe we should start a POW exchange program to get some of these coins back into their proper countries.
    "Hello from deep within the copper mines of Western Kentucky."

    "Keep your hands off of my stack."

  15. #15
    ca
    Sep 2011
    417
    27 times
    Coin roll hunting

    Re: The only Canadian?

    Quote Originally Posted by Clad the Impaler
    Quote Originally Posted by That Canadian Guy
    And to answer the other questions, the commemorative quarters are fairly common but if you want a complete set of each you will have to do some searching, they are very similar to the american state quarters and the other circulating commemoratives, there are plenty to go around. And in Canada finding american coins in your every day change is very common, for a box of dimes on average I will find a roll or more worth of american dimes, pennies, nickels and quarters I find lots of americans, every penny box I go through I find at least 1 wheat. Right now I have over $125 USD which I have found from coin roll hunting, I keep it because the American dollar is worth more than the Canadian dollar, next time I go to the USA I will bring the coins. Finding american coins in Canada is a lot more common than finding Canadian coins in america.
    I hate to break it to you, but the US Dollar isn't worth more than the Canadian Dollar anymore and hasn't been for a while. I have 2 kids that live in Canada with their mother (I'm American and live in the US). I send her $ by Western Union every 2 weeks when I get paid. Todays exchange rate was 0.98 Canadian-$1.00 US ($202.00 US= $200.00 Canadian). The US Dollar has been weaker than the Canadian Dollar for some time now. The Canadian Dollar is now one of 3 world currencies currently worth more than the US Dollar (the other two being the British Pound and the European Union Euro).
    Not according to my source.http://www.xe.com/ucc/convert/?Amount=1&From=USD&To=CAD

 

 
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