Author Topic: Canadian coin question  (Read 3861 times)

Offline Habu

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Canadian coin question
« on: July 16, 2013, 12:03:25 PM »
During the nightly culling out of my pocket change I found a Canadian dime that just didn't look "right."  What year did Canada stop minting coin silver?  This one has a fish of some kind on the back, surrounded by "10 Cents" and "Canada 1867-1967". 

Should I throw it in my "future inlays" box, or my piggy bank?

Thanks,
Jim

BIGMAN

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Re: Canadian coin question
« Reply #1 on: July 16, 2013, 02:23:50 PM »
Should be either 80/20 silver/copper or 50/50 silver/copper.

http://typesets.wikidot.com/canada:1967-centennial-dime
« Last Edit: July 16, 2013, 02:24:32 PM by Ian McLean »

Offline David R. Pennington

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Re: Canadian coin question
« Reply #2 on: July 17, 2013, 04:21:21 AM »
What year did our mint steal the silver out of our coins and what year did they take the copper out of our pennies?
VITA BREVIS- ARS LONGA

BIGMAN

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Re: Canadian coin question
« Reply #3 on: July 17, 2013, 05:26:41 AM »
1964 for us silver coins, and 1982 for copper pennies.

Thom

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Re: Canadian coin question
« Reply #4 on: July 17, 2013, 10:23:47 AM »
Canadian silver coins dated before 1920 are sterling (.925%) silver.

Dollars, half dollars, quarters and dimes from 1920 - 1966 are all 80% silver by weight. 

Thom

Offline Habu

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Re: Canadian coin question
« Reply #5 on: July 17, 2013, 10:26:58 AM »
Thanks Ian!  Looks like this one is 80-20; I'll have to keep my eyes open for more. 


Vomitus

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Re: Canadian coin question
« Reply #6 on: July 20, 2013, 07:20:29 PM »
  One hundred year anniversary dime. That be a mackerel on one side. worth prolly 50cents now.

Thom

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Re: Canadian coin question
« Reply #7 on: July 20, 2013, 08:33:45 PM »
HABU. I copied this from a forum concerning your particular Canadian dime.


I'm assuming that you have a dime from Canada with the fish (mackerel). These were made in such huge numbers, and being a very popular one-year-only type, that they were saved in huge numbers. Unless it is in uncirculated condition ($4 and up depending on how nice), it's only worth the silver in it. Except that for only a single coin, a dealer isn't going to bother.

There is also the problem of which type it is. Before 1967 (and after 1919) Canadian silver coins were 80% silver and 20% copper. During 1967, Canada lowered the silver content for dimes and quarters to 50%. So, both 80% and 50% exists for 1967. The 80% dime has about $2 worth of silver, the 50%, $1.30. It is almost impossible to tell them apart because, unlike other coins where the composition has changed and the newer coins weigh less, the difference in weight between these two dimes is so tiny that most scales can't pick it up. That's why when you go to sell 1967 dimes, buyers won't pay more than the lower price.

Offline Pete G.

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Re: Canadian coin question
« Reply #8 on: July 22, 2013, 04:10:25 AM »
I had a pre 64 US dime in very good condition in my change one day. I discovered it when the vending machine at work kept rejecting it.

Offline horseman

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Re: Canadian coin question
« Reply #9 on: July 22, 2013, 11:26:58 PM »
Habu,

 I'm glad you asked that question.  A couple of days  ago I was going through some old boxes and found a coin just like yours.  I thought it was a phoney and almost threw it out.  The dates didn't make sense to me and I thought that fish was the ugliest looking trout ever.