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How To Cash In On Metal Content Of Canadian Coins. Help!

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Pillar of the Community

Canada
1723 Posts
 Posted 03/04/2012  7:57 pm Show Profile   Bookmark this topic Add samsnate to your friends list Get a Link to this Message Number of Subscribers
Really new to stacking outside of silver. From what I understand is that a penny is actually worth almost 3 cents and a nickel is worth just over 8 cents. (particular dates apply) Now lets say you build up a stack of say some 300 coins (Hypothetical) and you want to cash in on that and collect $50 profit (Random number) when you feel it is time. (Prices subject to change) Where would the average novice man(and or woman) go to do that or to whom?
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NYBrian84's Avatar
United States
279 Posts
 Posted 03/04/2012  8:02 pm  Show Profile   Bookmark this reply Add NYBrian84 to your friends list Get a Link to this Reply
Have you looked on ebay? Here in the US, copper pennies are constantly being sold for more than face on ebay. I'm not sure how popular craigslist is in Canada, but you could try there, too.

Pillar of the Community
Canada
1723 Posts
 Posted 03/05/2012  5:34 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Ya I figured ebay, was wondering other than online where would you go to accomplish this.
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swrbxxx's Avatar
Canada
834 Posts
 Posted 03/06/2012  08:28 am  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
Craigslist is garbage here in Canada.
You could try kijiji, ebay is your best bet.

I sell $2 face rolls of pure .999 nickels for $9.00 and buyers seem like they cannot get enough. Just put up another 50 rolls on a 30 day BIN auction hopefully this Batch goes quick.
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Bm0ney's Avatar
Canada
1005 Posts
 Posted 03/06/2012  09:24 am  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
I just sold 30 rolls of pre 1981 nickels for $90 in trade to a coin dealer.
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