Volume 62 – #08

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Volume 62#08

July 16 – July 29, 2024

Scrap silver is reclaimed silver in the form of coins, jewellery. silverware, etc.

Mint hits ‘pause’ on accepting scrap silver

The Royal Canadian Mint (RCM)’s decision to “pause” accepting scrap silver for refining has the Canadian Association of Numismatic Dealers (CAND) concerned about the potential financial hardship on dealers and collectors. “It’s going to pose some waves through the industry because the Mint was very quick in processing scrap silver shipments and coming up with a silver assay, by which they would know how many fine ounces of silver they would pay out against, and they would do it in three to five days, which is fairly quick, especially for a large shipment,” explains CAND president Michael Findlay. With the pause starting July 1, dealers may have to wait weeks for payment and possibly receive fewer funds due to exchange rates, customs and shipping if they are forced to use refineries in the United States. Continue reading →

Features
Boucherville club gears up for fifth RCNA convention
Page 1
Convention co-host eager to welcome collectors
Page 1
Newfoundland War Savings Certificates a collectible testament to pride, heroism
Page 6
Authors’ Alley returns with exciting new releases
Page 22

Regulars
Trends
Focus on Proof-Like singles
Page 16
CCN Marketplace
Are you buying or selling?
Page 24
Show & Bourse
Check out the shows in your area
Page 26
Columns
Stanley Clute
Notes & Bills
Chartered notes’ 19th-century businessmen often had a hand i
Page 8
Tim Grawey
Colonial Tokens
New Brunswick 1843 penny yields another variety
Page 10

John Regitko
Errors & Varieties
Some error types require many things to go wrong
Page 12

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