Obtaining U. S. Rolls Of One Cent Coins

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Author	Replies: 7 / Views: 2,069
oldmike Pillar of the Community Canada 891 Posts	Posted 02/13/2017 9:27 pm Does anyone know the maximum amount of U.S. pennies that you can bring into Canada. Edited by oldmike 02/13/2017 9:29 pm Report this Post to the Staff

KenKat Pillar of the Community United States 4085 Posts	Posted 02/13/2017 9:38 pm I believe you are allowed to bring up to $10,000 in foreign currency or coin into Canada without declaring it. There is technically no limit if you declare the amount over $10,000 and your reason for carrying it. My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Report this Post to the Staff
Crazyb0 Rest in Peace 10197 Posts	Posted 02/13/2017 9:39 pm Never thought about that, how about the reverse, limits to what can be brought into US? Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 02/13/2017 10:05 pm US is the same limits. My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Report this Post to the Staff
CanadianNumismatist Valued Member Canada 115 Posts	Posted 02/13/2017 10:13 pm Actually, if you are bringing coins from the US into Canada, there is a different limit for 1 and 5 cent (penny and nickel) coins. For all the others (dimes, quarters, half dollars/50 cent pieces, dollar coins) the limit is $10,000. However, for 1 and 5 cent coins, as stated in Section 82.2 in this PDF document https://www.gpo.gov/fdsys/pkg/CFR-2...1-part82.pdf the limit is $100 and is restricted to solely educational or numismatic purposes. Meaning, you cannot show that you will be exporting the 1 and 5 cent coins to Canada for their metal value. However, silver War Nickels are exempt from this $100 restriction, as stated in section 82.3d in the document. The US government is afraid that you might profit from the copper content of the pennies, that is why they made this special restriction. The government is selfish! Edited by CanadianNumismatist 02/13/2017 11:04 pm Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 02/13/2017 11:02 pm Thanks for clearing that up CanadianNumismatist! Report this Post to the Staff
oldmike Pillar of the Community Canada 891 Posts	Posted 02/14/2017 12:59 am Thanks CN I thought I had heard that somewhere Report this Post to the Staff
accordselux Valued Member United States 154 Posts	Posted 02/16/2017 10:39 am Of all the things, this is what the government is worried about. Report this Post to the Staff
	Replies: 7 / Views: 2,069

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