Canada 2001 P 5c. - a scarce coin!

How many of you are aware that the 2001 P nickel-plated steel 5c. coin from Canada is actually a scarce coin? It has a mintage figure of just over 100,000 pieces,yet the 2001 cupro-nickel 5c. coin is much more common.The prices in Krause are ridiculous - 20c. U.S. in Unc..To me,the 2001 P 5c. is an extremely underrated coin.

I actually bought one a few months back along with the cupro-nickel one thinking that the cupro-nickel one was a scarce coin.

Any coin that has a mintage figure of 999,999 pieces or less is a scarce coin,in my opinion.

I can guess that the members up in Canada will be checking their 5c. coins.

Aidan.

 

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Aidan, I don't think these actually ever made it into circulation.

I've been looking at dimes for 2 years trying to find a 1970, with no success. And there were 5-6 MILLION minted. (I know, I could just go buy one, but what's the fun in that!) So, finding a 2001) 5c would be near impossible. That being said, I did finally find a 1985 pointed 5 penny the other day, after only searching about 10000 pennies so far. I don't know if anyone really knows how many of those are out there, but in UNC they are listed at $15-30 depending on whether you go by Haxby or Charleton. (Before you ask, no, mine's circulated.)

 

Do you know what the Charlton prices are on the 2001 P 5c.? It seems strange that you think that they weren't issued as a circulating coin,yet I had bought one for about 50c. New Zealand,off my boss,of all people! I like George Kruger Gray's Canadian 1c. & 5c. designs.The 2001 P has the usual beaver on a log reverse.

I think you are going to have to buy a Canadian 1970 10c. off a dealer by the sounds of it.

Aidan.

 

I'm not sure whether or not the 2001 5c circulated, but I'm fairly certain it didn't. I don't have a Charleton, but the Haxby lists it at $4CDN in MS63. I'd say you did alright.

On the 1970 dime, you may be right. But it's the thrill of the "hunt" that drives me. I've come up with 4 silver dimes so far (all diifferent years) along the way.

 

Topher,don't forget that in the 1967 10c. & 25c.,there are 2 finenesses for those coins.you can test which fineness they are by tapping them on the table.I'm not sure about the 1967 50c. & $1 coins though.

I did more than alright on that 2001 P 5c. coin.Are there any post-1967 Canadian coins,apart from the 2001 P 5c. & the 1970 10c. that I need to keep looking out for,as far as rare or scarce pieces go?

Aidan.

 

Care to enlighten me on the tapping test? I've never heard that before.

Other ones to look out for:

1 Cent
2005P (30.5 million vs. 759 million 2005 no-P)

5 Cent
1970 (6 million - oddly enough, I've got one of these already!)

2006 no mintmark? - I have read that the 2006 should either have the "P" mintmark, or the new mint logo mintmark, and that a batch of them were produced without either. (one source was answers.com) I have probably a dozen so far (and then I quit saving them), but I don't know how accurate that report is. The new 2006 Haxby doesn't list a 2006 without mintmark, but then again, they aren't all that accurate with the newest releases sometimes.

10 Cent
1970 (5 million)

I don't believe the 50c and $1 coins of 1967 were made without silver, not that I have any of them, yet.

 

Topher,the tapping test is when you tap the coin on the edge of a table.If it rings with a loud ring,then it is the .800 fine silver coin.If it rings with a softer ring,then it is a .500 fine silver coin.With worn specimens of the coins,you can tell by the colour.The whiter the coin is,the purer the fineness of the silver.

I have been informed that the 2006 coins with the new mintmark are the cupro-nickel coins.I am not certain whether or not the no mintmark coins are the plated ones or the cupro-nickel ones.The cupro-nickel composition has been restored for some reason in 5c. coins,but not for any of the others.

Aidan.

 

I have posted this several times before but I will say it again. There is no easy way to tell between .500 and.800 silver coins. Dealers who have been buying silver for years assume an equal mix when buying these coins. ICCS does not differentiate when certifying them.Several articles in Canadian Coin News over the past year or so say there is no way to tell without destroying the coin.As for the 2000 no P 5¢ there is no listing either in Charlton or CCN trends.


Bill

 

Bill,the questions I am asking is in relation to the 2001 plated coin with the 'P' below the Queen's portrait.What prices are given on this in Charlton,as seen as it is priced at a ridiculous 20c. U.S. in Unc. in the 21st. Century Krause catalogue?

Aidan.

 

The 2001P is the only 5¢ coin listed in Charlton- with a mintage of 136,656,000.They show a maximum value of $3.00 for a circulating example.They have new designations in the latest catalogue which include non-circulating,specimen and proof.Prices for these range from $10.00 for SP65 to $50.00 for PR68 UNC.CCN trends does not have a separate listing for any 2001 coin.

Bill

 

Bill,the mintage figure in Krause is indicated as 136,656.It could be a misprint with the zeroes left off it.It is the one with the normal beaver reverse.

Aidan.

 

I believe the Krause is missing three decimal places. The 2007 Haxby lists 137 million being minted.

I was thinking of the 1999P that was not released into circulation. The 2000P has a mintage of only 5 million according to the aforementioned 2007 Haxby. Admittedly, though, the Haxby isn't the most accurate book out there for Canadian coinage, but it is pretty cheap at only $9.

 

I'm colourblind, although I can tell a silver coin from nickel, but I may have trouble telling "whiteness" between to silver coins. However, I did a Master's thesis using spectrographs in my research, so I'm sure I could take a known .800 silver and a known .500 silver and see if they have different sonic properties. That should show up quite easily on a spectrograph, if there are differences.

 

I hate to keep beating this one but all the EXPERTS say there is no easy way,no way without destroying the coin.

Bill

 

Topher, how many of the 1999 P 5c. were struck?

Aidan.

 

Aidan,

I'm finding figures of 20,000 test tokens done. (This was the first time the Canadian mint tried the nickel plated steel planchets). I don't know how reliable those sources are, but they were never released into circulation by the mint, so it certainly can't be too far off.

 

According to Charlton "actual coins" that would be used for circulation were issued to the vending industry on a deposit basis for testing purposes.Some of these were not returned and found their way to the numismatic market.Seeing this interest the mint issued an uncirculated set with 1¢ to 50¢ and a medallion.It is this set that has a mintage of 20,000.


Bill

 

Thanks Bill. I have seen them crop up on fleabay fairly regularly, but it seems they have been broken from the set in a number of instances.

 

Charlton also does not list 2006 no "p" as well, but since the coin was not really seen until mid 2006. The latest issue of Charlton was just comming off the presses when this coin entered circulation. I would imagine it was the same for Haxby. There will probably be an update on the next editions of Haxby and Charlton.

 

Topher..Im still looking


Found this about the 2000P nickel

2001 P-less nickel (worth 12.00 in 2004)