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2012-MAGNETIC CANADA PENNIES

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Pillar of the Community
United States
745 Posts
 Posted 02/10/2012  6:35 pm Show Profile Bookmark this topic Add Penny4Me to your friends list Get a Link to this Message

it appears the 2012 MAGNETIC ONE CENT WILL BE IN STORES & BANKS SOON!
This person has 2012 MAGNETIC ROLL CANADA PENNIES.
http://www.ebay.com/itm/2012-MAGNET...em19cd94d08f

Early Last year in 2011, the CANADA PENNIES started out as NON-MAGNETIC, then mid-year they were made as MAGNETIC.
This year 2012 ? will both be made again or will mint stick with entire year of MAGNETIC CANADA PENNIES, like in 2008?
I need one of each if any one has some

Valued Member
Canada
221 Posts
 Posted 02/10/2012  10:10 pm  Show Profile Bookmark this reply Add DvntMstr to your friends list Get a Link to this Reply
Im waiting for rolls right now and as soon as they come in l will be sending you one, l am guessing they will all be magnetics this year
Pillar of the Community
United States
745 Posts
 Posted 02/11/2012  12:08 am  Show Profile Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
thanks!
any ideas why some years the mint makes CANADA PENNIES 1/2 year in NON-MAGNETIC, then rest of year they make as MAGNETIC?
2006 was both NON-MAGNETIC & MAGNETIC
2007 was MAGNETIC
2008 was MAGNETIC
2009 was both NON-MAGNETIC & MAGNETIC
2010 was NON-MAGNETIC
2011 was both started NON-MAGNETIC & ended MAGNETIC
2012 MAGNETIC only?

I have heard that Canada mint has bought NON-MAGNETIC penny blanks from US in past....not sure how true this really is?
Valued Member
Germany
169 Posts
 Posted 02/12/2012  2:37 pm  Show Profile Bookmark this reply Add redlock to your friends list Get a Link to this Reply

Quote:
2007 was MAGNETIC


Technically, the year was Magnetic and Non-Magnetic!
But the Non-Magnetic Variety accounted for just 1% of the total. But it was made for circulation purposes with almost 10.000.000 pieces.
Pillar of the Community
United States
745 Posts
 Posted 02/12/2012  6:13 pm  Show Profile Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
I thought the 2007 Non-Magnetic Variety was made only in mint un-circulated sets.
Also, in the year 2010 a Magnetic Variety was made only for mint un-circulated sets.... not Specimen type
all Specimen type at least since 2001 were Magnetic Variety.
has anyone in Canada ever found 2007 Non-Magnetic Variety in circulation?
Edited by Penny4Me
02/12/2012 6:14 pm
Pillar of the Community
Canada
969 Posts
 Posted 02/12/2012  6:23 pm  Show Profile Check Bm0ney's eBay Listings Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
I have been looking for an 07 zinc for a long time with no luck.
"A 3rd class ride is better than 1st class walking." B$:)
"Life passes most people by while they're making grand plans for it" (George Jung)
Pillar of the Community
Canada
3261 Posts
 Posted 02/12/2012  6:56 pm  Show Profile Check Libertad's eCrater Listings Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Is this really what canadian coin collecting has come to? Picking out magnetic coins and non-magnetic coins? Really sad.
Selling paper money: http://gtacoins.ecrater.com
Want to Buy or Trade: Nuevos Pesos Méxicanos (UNC): P95, P96, P97, P98, P99, P105a and P105b.
Nickel, not Nickle :)
Pillar of the Community
United States
745 Posts
 Posted 02/12/2012  9:03 pm  Show Profile Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
any ideas why the ca mint keeps making CANADA PENNIES in BOTH NON-MAGNETIC & MAGNETIC?
Pillar of the Community
United States
1195 Posts
 Posted 02/13/2012  12:28 am  Show Profile Bookmark this reply Add argentum to your friends list Get a Link to this Reply
Magnetic Maple Leaves?

Explain, please?
Valued Member
Germany
169 Posts
 Posted 02/13/2012  03:38 am  Show Profile Bookmark this reply Add redlock to your friends list Get a Link to this Reply

Quote:
Is this really what canadian coin collecting has come to? Picking out magnetic coins and non-magnetic coins? Really sad.


Why do you consider this to be sad?
I think it is fun to find out which version of the 1 Cent coin is being made for circulation.



Quote:
any ideas why the ca mint keeps making CANADA PENNIES in BOTH NON-MAGNETIC & MAGNETIC?


The RCM orders the blanks in large quantities. For a couple of years now, the RCM can decide between zinc or steel blanks, and they order the ones that are cheaper at the time of purchase.
In contrast to the US Mint, the RCM is much more cost conscious regarding the 1 Cent coin.

The figure of the 2007 non-magnetic 1 Cent is from the RCM's annual report. Therefore I consider it to be trustworthy.
Edited by redlock
02/13/2012 03:41 am
Pillar of the Community
United States
1195 Posts
 Posted 02/13/2012  09:30 am  Show Profile Bookmark this reply Add argentum to your friends list Get a Link to this Reply
Interesting, thank you, redlock.
Valued Member
Canada
74 Posts
 Posted 10/23/2012  2:44 pm  Show Profile Bookmark this reply Add bargar to your friends list Get a Link to this Reply
I have found both 2012 magnetic and non magnetic in my change
New Member
Canada
37 Posts
 Posted 02/14/2013  09:32 am  Show Profile Bookmark this reply Add deepdark1972 to your friends list Get a Link to this Reply
I have a few of each magnetic and non-magnetic 2012 pennies.

I also have a 2005P magnetic penny. Any value? I can't find any details on these.
Pillar of the Community
Canada
921 Posts
 Posted 02/14/2013  11:02 am  Show Profile Check RoyalSilver's eBay Listings Bookmark this reply Add RoyalSilver to your friends list Get a Link to this Reply
you have a 2005P NON MAG? Thats a very, very valuable coin. There is a long thread on it here in the forum.

The two sold went for around $3000 each.
Pillar of the Community
Canada
667 Posts
 Posted 02/14/2013  11:19 am  Show Profile Check middross's eBay Listings Bookmark this reply Add middross to your friends list Get a Link to this Reply

Quote:
I also have a 2005P magnetic penny. Any value? I can't find any details on these


He has a 2005P Magnetic.
New Member
Canada
37 Posts
 Posted 02/14/2013  11:28 am  Show Profile Bookmark this reply Add deepdark1972 to your friends list Get a Link to this Reply
So the non mag 2005P is the one to keep. Check.
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