1922 Canadian Nickel Far Rim

Discussion in 'World Coins' started by Rick Stachowski, Jun 15, 2018.

  1. Rick Stachowski

    Rick Stachowski Motor City Car Capital

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  3. jmdfinco

    jmdfinco New Member

    Hi. The coin is about a VF 25 and is worth about $12-15 according to CoinsandCanada . jim
     
  4. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    You mean AU condition ...
     
  5. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I am on the border of XF-AU the light rubs or cleaning in your photos may actually grade it lower, depending on what it looks like in hand.
     
  6. thedredge

    thedredge Active Member

    I agree with the VF designation. Go back to the website and look up grading, pay particular attention the band of the crown.
    Still it is a nice far from rim.
     
    thomas mozzillo likes this.
  7. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    sun up now .
    I'll take some new full shots .
     
  8. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    Don't see any rub marks .
    Here's some info on the 1922
    http://www.calgarycoin.com/modern/cd5cent.htm

    1922 saw the introduction of the larger 5 cents made of nickel, struck at 21.21 mm and 4.54 grams which is exactly 100 to the pound. The obverse design by Sir E. B. Mackennal is retained, but a new reverse design by W. H. J. Blakemore was introduced.

    The Royal Canadian Mint equipment was not designed to strike the relatively hard nickel so in 1922 started with a higher die pressure which resulted in relatively good strikes but rapid die deterioration, so short die life. To preserve the dies they had to lower the die pressure which resulted in weaker strikes which is the norm for most George V nickels. The most obvious place one can notice this is on the band of George V's crown which if fully struck has three jewels and eight pearls, but most examples in XF or higher grade will only show six or seven of the pearls. Examples with eight visible pearls are scarce, and eight strong pearls are rare.

    The mint sourced their nickel from the International Nickel Company (INCO) which used furnace based refining which produced nickel no higher than 92% pure but even within one block of nickel delivered to the mint most of the nickel would be between 88 and 90% nickel and only a small portion would be up to 92%. Keep in mind that industrially when nickel is said to be pure nickel, that only means at least 77% nickel so when the references say these nickels are pure nickel, but are by industrial standards.

    Slightly purer nickel is also slightly softer which is why these nickels have inconsistent strikes. Examples struck at 92% nickels will show good crown details with 8 clear pearls. Those in the 90 to 91% range may show eight pearls but they can be weaker. Below 90%, which is most of the nickel the mint received will not show all eight pearls and many will have only six or sometimes even four pears visible when mint condition. This makes George V nickels difficult to grade as the general rule of eight visible pears needed before a coin can be grade XF does not apply to these nickels. One must consider the amount of luster, wear to the leaves on the reverse and wear to other features when grading them. One must also consider that the price guides are for coins of average strike so when I list a coin XF-40 or higher and do not make comments on it, you should assume a six or seven bead strike. If there are less than six clear beads I will comment and price lower. If there are eight visible beads I will comment on if they are strong or weak, but as such coins are scarce they will be priced accordingly higher.

    At an Edmonton coin show reception on March 2, 2014 I heard Mark Bink (an metallurgist who studies these alloys) comment that 1961 was the year the beaver got it's whiskers back. I asked him what that meant and he explained how in 1961 the mint changed from the inconsistently pure INCO nickel to Sherritt nickel chemically refined to 100% nickel so much softer and strikes better, but also more subject to bag marking. A discussion followed where I brought up the erratic striking characteristics of earlier coins, and we suddenly realized how the two were directly related.

    Nickels were used extensive in parking meters and vending machines which often scratched them with what are commonly called "meter marks". Scratch free George V nickels can be difficult in grades below XF but I endeavor to offer scratch free examples and will describe scratches when present, and price accordingly.

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    Keyless Chuck likes this.
  9. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    Here the maple leafs .
    upload_2018-6-15_18-14-19.jpeg

    upload_2018-6-15_18-14-47.jpeg
     
    Last edited: Jun 15, 2018
    Pickin and Grinin likes this.
  10. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I am still at XF -AU.
     
    Rick Stachowski likes this.
  11. Rick Stachowski

    Rick Stachowski Motor City Car Capital

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