Coins picked from circulation

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You are correct these are die cracks, you can find cracks similiar on many George VI coinage not just the cent. There are three types of 1948 cents you can find in circulation, this one is a "A" points to a large denticle....the "A" being the last "A" in Gratia. Check all your 1948 cents to see if you can find a small denticle variety, they're well worth keeping.

Cheers, Bill

Thanks Bill,

You learn something new every day in this hobby.  That's why I love collecting notes and coins!   

Dean

Got a Royal Canadian Navy centennial loonie in change today.  Is this worth keeping?

Eh, maybe you should keep it if, deemed by you, in good condition.

Got a Royal Canadian Navy centennial loonie in change today.  Is this worth keeping?

For your collection sure. It has been offered through coin exchanges so I think there are plenty of them around and I think the mintage is close to 7 million. Rough riders is a bit more scarce.

I have seen some rolls of 25s being sold for around 40 so even the best of coins probably can be had for around $2.

I have seen one error variety with a die chip around the anchor on the reverse. That may be an interesting find.

For your collection sure. It has been offered through coin exchanges so I think there are plenty of them around and I think the mintage is close to 7 million. Rough riders is a bit more scarce.

I have seen some rolls of 25s being sold for around 40 so even the best of coins probably can be had for around $2.

I have seen one error variety with a die chip around the anchor on the reverse. That may be an interesting find.

The Navy dollar isn't hard to find. The hardest ones to find are the 2010 Roughriders and of course the 2012 original loon dollar. The 2010 loon dollar is also not simple to find.

The Navy dollar isn't hard to find. The hardest ones to find are the 2010 Roughriders and of course the 2012 original loon dollar. The 2010 loon dollar is also not simple to find.

Funny, this is the first one I've seen from circulation and I live in downtown Toronto.  You'd think there would be millions of these loonies floating around T.O.

I have never encountered any 2012 old design loonies or toonies and have only one Roughriders loonie in my possession.  All we seem to be getting are 2012 new design loonies and toonies.  I guess the GTA was flooded with the new coins last year and commemoratives weren't widely distributed through the channels at the time.

Dean

Funny, this is the first one I've seen from circulation and I live in downtown Toronto.  You'd think there would be millions of these loonies floating around T.O.

I have never encountered any 2012 old design loonies or toonies and have only one Roughriders loonie in my possession.  All we seem to be getting are 2012 new design loonies and toonies.  I guess the GTA was flooded with the new coins last year and commemoratives weren't widely distributed through the channels at the time.

Dean

It all depends on where the rolls were distributed i guess. Here in Montreal like Toronto there are tons of the new 2012 $1/$2. Now i am seeing lots of 2013 loonies, and i can tell you that 2013 is VERY common! I have seen on occasion not very often the military dollar but never have i seen a roughriders yet.

Funny, this is the first one I've seen from circulation and I live in downtown Toronto.  You'd think there would be millions of these loonies floating around T.O.


Dean

It would seem that way. But the following would help put things in perspective:

The ratio of regular circulation coins to the total commemorative coins is low. There are about 1 billion regular issue coins not including the new laser marked 2012 and 2013 loonies. In comparison the commemorative as a total (in 1994 and 1995 they were the regulars) are less than 100 million.

Some commemorative coins such as the Vancouver lucky loonie, Terry Fox were introduced in much larger numbers than others like the Navy. The ratio is almost 2:1.

Then it is the location where these coins may have been introduced in larger numbers relative to other locations.

Finally it is the hoarding of these coins. I would not underestimate this. For a total of 5 million mintage many are distributed as coin exchanges and are held by collectors at large.

The probability of finding any of these coins that were issued in quantities of 5 million is about the same.

Wonder what the experience has been with Parks Canada Loonie for instance.

In any case things will be get more scarcer as the alloy recovery program results in more 2012 and 2013 new loonies replacing the older coins

2013 is VERY common! I have seen on occasion not very often the military dollar but never have i seen a roughriders yet.

Similar experience here in Toronto. I finally bit the bullet and bought 5 pack of Rough Rider original mint coin exchange package for $8.00 from a very large local dealer. Their regular is $10 for 5 but they were on sale for $8.

Interestingly enough though the same dealer was selling the Navy original mint coin exchange package for $25 and they were out of stock on it.

So maybe the market seems to be telling a different story.

Got a 2010 Vancouver Olympic loonie in change today...LOL
 

Dean

I dropped by my bank today and tried my hand at 5 cent coin roll hunting this time.

In $24 of nickels, I found:

1 x
61
66
67
68
72
73
75
77
78
81
83
84
88
90
92
93
2005

2 x
64
80
86
87
89
94

3 x 85

4 x
65
98

5 x 79
8 x 2002 Golden Jubilee

10 x USA (including 1 Lewis & Clark and 1x 1962)

Nothing terribly exciting this time, but I also managed to pick up 20 pennies and 3 x 1975 $100 bills from the friendly teller
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Until Next Time,
Dean

67

  That's a lucky find right there.  Those things are just so hard to find its unbelievable.  I've found more George VI nickels than I have those rabbits. 

  That's a lucky find right there.  Those things are just so hard to find its unbelievable.  I've found more George VI nickels than I have those rabbits. 

Are you serious? 

I would love to find some George VI or George V nickels in change...
As late as the 1990s, I was getting these and many other interesting coins in circulation, but that has definately changed since the Alloy Recovery Program came into play.  Most coinage is dreadfully boring now, with most coins being from the year 2000 or newer...

I guess the Law of Averages states that if one searches through enough coins, the good stuff eventually pops up...

Cheers,
Dean

hold on to your hat Dean, I just put back into the system a roll from 1944 and part roll from 1945 as well as some '55& '58's. the 44-45's were probably unc. except the rolls had got wet at some point in time and were rusted together in a solid piece.....happy huntin