coins again

[bobski]

I remember when if you got a Canadian coin, it became hot potato.. back to the n.j. toll booths it went. just curious if the 2 countries still don't accept each others coins as equal?
I got some 1961 dimes our family got caught holding the bag with. with Americas new coins, it is real hard to catch them mixed in. were the early canadian dimes silver? they don't look 1/2 and 1/2.

 

[NikA]

Canadian dimes and quarters were 80% silver until 1967 and 50% silver for 1968 only.

No, they're still not equal in value and thus aren't treated as such anywhere but in the immediate vicinity of the border, and only for small denominations in that area.

 

[Fox Mike]

Today a Canadian dollar is only worth $0.78 US.

 

[bobski]

so its like 7 cents to the us dime.

since these are 1961...80% silver. are they worth more as melt value?

 

[NikA]

Unless they are key date or very high grade (uncirculated or about uncirculated), any common silver coin since about 1940 is best priced at melt value.

For those that might be curious: https://www.ngccoin.com/price-guide/coin-melt-values.aspx?MeltCategoryID=4&BaseMetal=World-Silver-Coin

 

[Dan in MI]

In MI Canadian coins are generally ignored until it gets to about 80% exchange rate. A few places are worse than others, but mostly they are just coins. I can remember when we never even worried about mixing U.S. and Canadian coins in rolls.


As mentioned, silver content is the key for current value.

 

[bobski]

so people still use them in daily exchange and just say...ehhh...got one. and it goes on to the next victim? lol.

 

[Dan in MI]

so people still use them in daily exchange and just say...ehhh...got one. and it goes on to the next victim? lol.

It's obvious you don't live in a border state. I remember having a Canadian penny in my pocket at some point when I was in Tennessee. Not thinking, or even aware, I counted out my change and used that penny. You'd have thought I stuck a gun in that clerks face they way he freaked out screaming I was ripping him off.


It's just business as usual here. Yes, since the exchange rate has dropped and stayed low people do pay a little more attention, but generally that only applies to quarters. Pennies nickels and dimes aren't even noticed.

 

[bobski]

conn is close to montreal via straight up the ny thruway. we get a lot of Canadian down here.

curious if u.s roosy dimes 1964 are 80%. any idea?

 

[NikA]

US coinage was 90% silver until 1964, then half dollars were 40% 1965-1970.

Edited to correct lower denominations, was mainly familiar with halves.

 

[bobski]

thanks for that info.

 

[OVERLOADDED]

Canadian silver dime 80% value is $1.35 USD each.
How many do you have available?
Overloadded

 

[WAYNO]

In my much earlier years, travel between Canada and the U.S. was very unrestricted. In the Pacific Northwest, Canada and the U.S. were pretty much one and the same. Canadian coins were taken and given on a regular basis, by any establishment, without question.

Many years later, if I gave a cashier even a single Canadian coin, and he/she caught it, it would be handed back immediately.

Conversely, I've spent some time in Canada over the past few years. They gladly accept American money. 8)

 

[sceva]

I grew up in Ohio (Baby Boomer). It was somewhat common to see Canadian coins and we treated them the same as US coins; spent them with no problems

 

[protoolman]

In Montana where I grew up coins were equal unless you tried to unload 4 quarters at once then you might get shorted on Canadians. We kinda liked the beaver nickels as kids. Now the loon dollar coins and toonies two dollar coins are collecter pieces to have in your pocket.

 

[bobski]

so far I found 9.

 

[ronto]

When I was a kid we'd run across a Canadian coin now and then and we would spend it like it was a U.S. coin, nobody made a big deal about it.

 

[bobski]

its always easy to spend it. the hard part is the person receiving may reject it.

 

[ronto]

its always easy to spend it. the hard part is the person receiving may reject it.

It was my experience that nobody ever rejected them, they just didn't give a hoot.

 

[Green Frog]

Here in Central VA they show up so rarely nobody seems to notice... also with all the strange patterns on the reverse of US quarters, a lot of people have stopped trying to watch them... you even see an occasional Bahamian or other foreign coin just pass through in general circulation. I used to “collect” coins as a kid, so if I notice a foreign coin it goes in a cigar box by my lounge chair.

Froggie

 

[blackhawknj]

We get them down here in Central NJ now and then, I put them aside.
A few years ago I got a cent in my change that didn't look right-1901 Indian Head.

 

[bobski]

we should all plan to see more central American coins these days. its bad enough they come here for our bennies, but they pass off their worthless money too.
and as world travel increases, so will the coins. we use to live in a usa where traveling to Canada was a big thing, and it caused the coin issue. not any more.