Loading ...JUNK IN THE CANDIAN TRUNK …EH ?
The last year a Canadian Quarter was made of 80% silver was 1966 ( 67 and 68 were 40% ) then Zero
In 1966 a Canadian Quarter would buy approximately .75 of an Imperial Gallon of gas ( which is 1.25 US GALLONS )
At Todays silver price a 66 Canadan Quarter is worth (http://coinapps.com/silver/coin/canadian/calculator/) 4.44 US = $6.11 Canadian
Average price Canadian Litre of gas $1.61 X 5 liters in an Imperial gallon = 8 Loonies per Gallon
So Ipso facto a Canadian 1966 Quarter STILL buys .75 Imperial Gallon of Gas .
And that my friends is why Silver is REAL Money
Behold the Moosey
…………….
PS…If you’re brave try paying for a fill up with a handful of 66 quarters and see what happens
🙂
CAN silver coinage! – my favorite.
Note how crypto is behaving against the metals today.
The first day I can recall where Gold AND Silver both behaved NORMALLY against stocks, bonds and the rest of the paper/ether universe. Imagine the effect on the metals crypto bro’s will have once they wake up. This time it’s not just a US/North America economic phenomena, it’s a response globally.
Please Goldman Sachs – tells us again how metals yield nothing!
Great post, Sir Fully. I fondly remember when the Canadian quarter, and even the lowly dime had value.
A quart of milk, or a loaf of white “Wonder Bread” cost ten cents when I was a boy.
BTW, I also believed for many years that the animal on the quarter dollar coin is the mighty Canadian Moose. I was
surprised to learn that it is actually a Caribou. The Canadian Reindeer, if you like.
Did any of my Canadian friends on this site ever go coin roll hunting for the silver Canadian coins? I spent many years doing that in the US starting in the mid 70’s. I targeted the US half dollar for several reasons. The vending machine guys who did not accept the halves only quarters and dimes were very efficient at removing the silver dimes and quarters. Another reason was although the 90% silver US coinage ended in 1964 and was replaced by the cupronickle coins. The US mint produced 40% silver halves that showed a copper edge ring similar to the cupronickel coins. This fooled many of the bank tellers. The half dollars were also not being used too much in commerce so nobody wanted them. The banks were more than happy to sell you there halves because it relieved them of shipping them out at their expense. I did this for many years and it was a win win during the long bear market silver from early 80s till the early 2000s. I would pick a route and go to every bank and buy all the halves they had. At the end of the day I would go to my commercial bank and sell them all the non silver halves for paper dollars, then “play it again Sam” the next day. It was great fun and I always loved the treasure hunt aspect of it!
WOW…Excellent “hobby” JSK
Thats GREAT