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 Replies: 38 / Views: 17,512 |
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Valued Member
Canada
372 Posts |
I know that again this year,the 1 cent was minted using steel and zinc planchets.Have you seen any non magnetic in circulation so far?  |
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Pillar of the Community
Canada
2366 Posts |
I haven't seen either in circulation yet. But both are for sale on ebay. Probably from rolls. Edited by kuh_85
05/01/2012 11:54 am
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Valued Member
Canada
241 Posts |
Hi there. I've received three zincs in change within the last two weeks.
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Valued Member
Canada
56 Posts |
Hi, Have found both in change and also have 1 roll of each. Took a lot of asking at each store I have visited. A lot of strange looks when I pulled out the magnet to check.
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Pillar of the Community
Canada
1700 Posts |
Where can you get the rolls?
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Valued Member
Canada
56 Posts |
1-Price Smart Foods
1-Timmy's
1-IGA
Try asking if they have any rolled pennies to spare, preferably the ones wrapped in clear plastic.Very few people
know what a mint wrapper roll of coins are or even what they are worth.
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Pillar of the Community
United States
2295 Posts |
I like to collect Canadian coins, but I don't know much about the 2012 cents. Are there any design or color differences between the magnetic and non-magnetic?
I have a few rolls that are in plastic, and I put a small magnet up to it and it doesn't stick. So here are my questions.
Would any magnet stick if they were the steel cents?
I tried it through the plastic and at the end, so are they non-magnetic then?
Which is more rare?
If I have all non-magnetic, I'd be willing to trade for magnetic ones. I can make a post in the trade section for it.
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Moderator
 Canada
10458 Posts |
Quote:
I like to collect Canadian coins, but I don't know much about the 2012 cents. Are there any design or color differences between the magnetic and non-magnetic? Not that I can see. Quote:
Would any magnet stick if they were the steel cents? Absolutely. Quote:
Which is more rare? I hesitated to answer this question, because the last time I discussed coins using the term "rare", that thread was hijacked and trolled... but, the short answer to your question is, neither are "rare", or rather, both are abundant. I found that the earlier boxes (February) were magnetic and the later boxes (mid-April) were non-magnetic. "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
United States
2295 Posts |
You are correct. Neither are rare, so let me rephrase it then. Which has a lower mintage?
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Pillar of the Community
Canada
838 Posts |
I found my first 2012 today, and it was Zinc. My only steel 2012 is sitting in a mint set!
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Pillar of the Community
Canada
838 Posts |
wquinn: Mintage data is usually not available to the public until the following year's annual report. Perhaps we might know sooner because of the early stop to the cent's minting.
I suspect one or both versions of the 2012 cent might turn out to be "low" mintage.
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Pillar of the Community
United States
2295 Posts |
Anyone find any magnetic ones to trade? I posted a request in the trading section to trade some for non-magnetic. Please PM me if interested.
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Valued Member
Canada
227 Posts |
I also have 2 non magnetic rolls available to trade magnetic rolls and I live in Vancouver. If anyone has magnetic 2012 penny rolls available for trade and lives in Vancouver, please feel free to PM or email me. Thanks.
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Pillar of the Community
United States
2295 Posts |
So why did the RCM make both types of cents? Isn't the steel one (magnetic) cheaper to make? So why would they still make the zinc (non-magnetic) then? I think this has been ongoing since around 2000? So it is kind of strange that they would make both types, especially if there is a big cost difference in them. |
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Pillar of the Community
Canada
838 Posts |
I don't think the production costs are that drastically different.
When considering base metal price fluctuations and planchet availability from suppliers, I can imagine a scenario where both types get made.
By the way, I'm getting the sense that magnetic is rarer so far in 2012. So sign me up for that trade too! While we're at it, will anyone send me gold for an equal weight of silver?
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Valued Member
Canada
331 Posts |
I still haven't seen a 2012 penny here on the east coast in change or CRH. I had to go Montreal for a couple of days to see 2012 nickels and dimes in my change.
With regard to minting both CPZ and CPS pennies in one year - maybe for the last few years they had excess stock or some agreement in principle to buy so many planchets from suppliers?
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Replies: 38 / Views: 17,512 |
Posted 05/01/2012 12:56 pm
