American Considering Collecting Canadian Cents

Outstanding!

Thanks! Also... You said they don't circulate there anymore? If I may ask, why is that? I mean, the difference between not minting a particular coin and not circulating anymore I would think would be two almost entirely different things.

I kind of figured that they would still be out in circulation and used, just not produced anymore.








Thank you. I'll look into it!

No 1 cent coins were minted after 2012. The vast numbers of existing one cent coins were supposed to be taken to banks to get redeemed and ultimately destroyed, and it didn't take long before merchants stopped accepting them. That is still taking place but on a very small scale now compared to 2012. Huge quantities still remain in collections and hoards, and my guess is that will still be the case decades from now. I therefore doubt that most will ever be worth much. The Canadian large 1 cent was withdrawn in the 1930s but there are still plenty of the common dates available.

You can still possess them but banks are obligated to return them to the mint when they get turned in.
( That's not to say that they always do though)

@Humanist1287 - In 1997 the RCM started minting copper plated zinc (non-magnetic) cents to 2012. In 1999 they also started minting multi-ply plated steel (magnetic) cents to 2012. To add to the mixture you had the 2003 old effigy & new effigy in both cpz and cps.
Lots of fun keeping them all straight. ....

ps. I also have a 5 gallon wine bottle full of cents. Too heavy to lift.

Awesome. Honestly, at least where I'm at, it seems like I see more Canadian cents than anything. I can't remember the last time I've seen a Canadian dime. I rarely handle cash as it is, as I prefer digital for ease of purchase.




Interesting! I will keep an eye out. Two, actually. I don't know if I will get into all that, though, since Canadian cents are already pretty scarce enough as it is!

I might get a Dansco plain cents album to house them in. Not sure yet.

That's crazy. Honestly, I encounter a lot of Canadian cents of all dates. I am getting so many of them that I don't know what to do with them. I started a 2x2 collection of them recently, though.
I don't really see many newer ones, though. I have yet to see any 2009's, 2010, 2011 or 2012. It seems like the most common ones I come across are 1998, 1999 and 2000.

I believe I have most of the regular strikes from 1961-2007, with the exception of the 1971. Not sure why that's so hard to come across. I don't have any of the varieties.
I have 3 or 4 cents from the 40's. Evidently, older cents can be had on ebay for still relatively pretty cheap.

Humanist1287, I'm just down the road from you (9 Mile & Hoover) and have a few hundred Canadian cents you can search through, although I would charge one penny each if you find ones you need.

My Whitman folders are complete, except for the 2010 steel cent and, of course, the 1936 Dot. I do have a 2010 steel cent, but I think it's either from a proof or specimen set, not circulated.

I also have a bunch of other Canadian denominations if you're interested.
I tried to e-mail you but can't on this website. Let me know if you ever want me to pop over. (Tom)