Montreal Olympic coins

Discussion in 'What's it Worth' started by Twiggs, Mar 5, 2007.

  1. Twiggs

    Twiggs Coin Collector

    My Dad was military and had to go work the 1976 montreal olympics. Actually, he was doing bomb detail for some high muckey mucks. Anyway, he painted a jeep pink and went to pick up the big wig. Almost got his but kicked out for that one..lol
    Soon after he started receiving the olympic coins in the mail. He ended up with the entire 28 piece set and the case they go into. Never found out who sent them. Just now I opened the box and the coin tray popped up at one corner. I peeked under and found all the coin spec paperwork.....bonus.

    Any value on this set? Besides being pretty to look at..lol

    the specs say the coins are 92.5% silver and 7.5% copper.
    $5 coins 0.723 troy oz
    $10 coins fine silver 1.44 troy oz
     
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  3. satootoko

    satootoko Retired

    [​IMG] to CoinTalk Twiggs.

    According to the Standard Catalog of World Coins, there were two Canadian sets of Olympic cons in 1976 (plus 5 other pre-Olympic sets in 1973-75.)

    The Series VI (KM#OPC6) and the Series VII (KM#OPC7) each contained two $5 coins and two $10 coins, had an issue price of CAN$88.50, and have a market value of US$45, according to the 2007 20th Century volume, 34th Ed.

    The Charlton Standard Catalog of Canadian Coins values each coin at 1.5 times face value in MS-66 or PR-67. No separate value is given for complete sets. Krause values are approximately the same in US$ terms.

    Krause doesn't list any mintages, but Charlton says all circulation coins had nearly 2-million struck. No proof mintages are listed in either catalog.

    Series VI honored Fencing and Boxing on the $5 coins, and Field Hockey and Soccer on the $10s.

    Series VII honored the Olympic Village and Flame on the $5s, and the Stadium and Velodrome on the $10s.

    Which set do you have? Can you post some pictures?
     
  4. cladking

    cladking Coin Collector

    There is a mule called a map error. It's worth a large premium.

    Otherwise it is difficult to get a lot of premium for this set. The Canadian government redeemed them at face value for many years and destroyed the coins that came in. The number might have been substantial. There are some attractive designs here and the later series tend to have lower mintages.

    Don't look for a premium in the near future but the silver value has taken it well over face in the last couple years.
     
  5. Aidan Work

    Aidan Work New Member

    Twiggs,the Map Mule coin is the result of combining the 1974 obverse with the 1973 Map reverse.It is a $10 coin.This series is interesting in the fact that some of them were offered at face value through banks,even though they are sterling silver.These coins are actually NOT medal-coins.

    Aidan.
     
  6. Twiggs

    Twiggs Coin Collector

    series I - 1973 - geographic
    series II - 1974 - olympic motifs
    series III - 1974 - early canadian sports
    series IV - 1975 - track and field
    series V - 1975 - water sports
    series VI - 1976 - team and body contact sports
    series VII - 1976 - souvenir issue

    says... Act of Parliament established them as legal tender in July 1973 and that they are uncirculated coins struck from sterling silver blanks. They are encapsulated in ultrasonically welded crystal styrene and packaged in mint condition. There are 2 x $5 - 2 x $10 in each series

    Sorry but no pics at this time. Someone bought me a digital camera which is a piece of junk! Ive tried everything to get closeup shots. Told hubby last night Im buying me a new one :)
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    Each of the coins is worth about $30 a piece.
     
  8. Twiggs

    Twiggs Coin Collector

  9. eddiespin

    eddiespin Fast Eddie

    Here are some, Twiggs. Don't know if you can make them out too well but this is the best I can do and stay under 100 KB. The second from the left is a '75 and the rest are '73s. Don't know how those years/reverses comport with your descriptions, though. That is to say, only one of these '73s looks like a "geographic"...
     

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  10. Twiggs

    Twiggs Coin Collector

    thanx..yes thats them.

    I was once told that olympic coins werent worth anything and the only way to get rid of them was to take them to a bank and pay a bill with them. Im glad that was wrong. It is a nice looking group of coins.
     
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