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 Replies: 19 / Views: 3,730 |
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Valued Member
United States
107 Posts |
Is the mint not just making anymore due to cost?
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Pillar of the Community
United States
592 Posts |
It's Canada, Kritler. They discontinued the minting of the penny up there last year.
As an American who loves getting Canadian pennies in my rolls, I'm going to be sad that I'll probably never get to look through a box of Canadian pennies.
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Valued Member
 Canada
202 Posts |
For all those ordering boxes, wouldn't you be getting new ones from the Mint, all plastic wrapped with no variety? I'm looking for mixed rolls, is there a way to specify that when ordering boxes or do you just get what you get?
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Pillar of the Community
Canada
1354 Posts |
Darcyrmt
You can't specify what you want. The bank places the order and they never know what will come in. I'm in Alberta and I think there is a processing unit around that receives and ships coins to the Alberta banks. I've received lots of assorted bank wrapped rolls from Winnipeg which is good sorting, brand new mint rolls, a few times hand wrapped rolls from various Alberta banks.
You could always walk into a bank and ask for a box. If they ask tell them you are trying to complete a collection, so a variety box or customer wrapped rolls is what you are after. I have never been denied,, even at banks I dont have an acct with.
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Pillar of the Community
Canada
937 Posts |
Around here in southern Ontario some of the banks are already starting to dry up, and they're only placing very minimum orders for pennies. I try to buy up what I can but I'm up against competition and I think the next 2 weeks are going to be tough...
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Pillar of the Community
United States
621 Posts |
i wish I had kept the 40 rolls I got when I was went up there with my dad for family vacations when I was a youngster. I've always had a thing for canadian pennies. well, tbh I think all canadian coins I've seen are beautiful. I dont know what I would do if the us were to discontinue and then recall the cent. I suppose get as many boxes as I possibley could and ride that for as long as I could. I feel bad for you guys. the melt ban also means you cant just hop the border and snag some boxes of US coins as far as I understand. I'm going to miss canadian pennies, I'm sure they will soon disappear from the us circulation to a greater extent than already. |
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Valued Member
United States
82 Posts |
New idea, approach McDonald's in your area and buy the change they from the charity box they leave under the drive through window. A friend of mine has been doing this for a while you would be surprised what he has come up with. Besides the McDonald's Managervwould rather deal with a few bills then a bunch of change.....
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Pillar of the Community
United States
2541 Posts |
I feel bad for you guys. I would go into withdrawal if I were in Canada right now....
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Pillar of the Community
Canada
937 Posts |
Yeah, I've seen people acting weird about it. Some are going into the banks to buy up as many boxes as they can to hoard them, while others are cashing in as many as they can to get rid of them. A lot of penny action across the bank counters. Me, I'me one of the hoarders, but then I like varieties and errors, so I need my stash to go through and search them out. Otherwise in 2 weeks I'd be at the mercy of the dealers, and that can be expensive...
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Pillar of the Community
United States
621 Posts |
If I am understanding the law correctly getting rolls/boxes of american pennies to canadian hunters to help fill the void to be left by the canadian cent going away is actually not that hard if you guys knew someone in the states who would be willing to ship them to you and some flat rate boxes to ship them in. while "travelers" can only take back $5 worth on them you can ship up to $100 in pennies if for numistatic purposes. this is what the mint page says.
"The regulations also prohibit the unlicensed exportation of these coins, except that travelers may take up to $5 in these coins out of the country, and individuals may ship up to $100 in these coins out of the country in any one shipment for legitimate coinage and numismatic purposes."
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Valued Member
Canada
202 Posts |
Picked up 6 boxes so far.. Overdid it and spent too many hours with one box and woke up with the neck in spasm, haha.. But it was worth it, someone decided to dump some great coins.. In one roll:
CDN
1921,'27,'28x2, '33
US
(Drum roll..)
1890, 1902x2, 1906, of course all Indian Heads, never seen one before then..
I'm going to put pics up in the grading forum for people to give me an idea of quality
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Pillar of the Community
Canada
1354 Posts |
Darcyrmt
Congrats. I don't often find pre 1936 CDN and I've only ever found Indian heads once
Edited by Coin Chick
01/21/2013 4:48 pm
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Pillar of the Community
Canada
937 Posts |
Well, things are getting tight now. I went to three separate banks yesterday, and found that pennies are already tough to get. One bank had a box, the second had only $18 worth, and the third had only $10! And you won't see stores hand out pennies in change after the 3rd, either, as they will have to ship all their pennies back to the banks by then. Penny finding won't slow down -- it'll come to a complete stop. Nasty.
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Pillar of the Community
Canada
1354 Posts |
Pennysaver
I recruited my mother to ask for pennies. She does advertising stuff for CIBC and one of the banks she was at yesterday let her buy 13 boxes of older pennies. They had 7 boxes of new ones but I told her no for those since that is all I have been able to get from my bank.
The banks in my area (southern Alberta) did their last penny order yesterday and will ship all pennies back either this Thursday or next Thursday..
My local bank said she will sell me every penny that gets turned in after feb 4th. I hope others will as well as it saves them the cost and time of shipping them out.
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Pillar of the Community
Canada
937 Posts |
That's sweet, Coin Chick! My banks won't release a single penny after this weekend at all. I've been told that they won't necessarily send them all back to the mint on the next truck heading over that way, but neither will they pass them out. A series collector hiding in their vaults?
Nice that you have that cool "in" at your bank. Grab every penny you can before the supply dries up!
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Replies: 19 / Views: 3,730 |
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Posted 01/15/2013 7:06 pm
