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News: Penny's Life Extended To Feb. 4,

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Author Previous TopicReplies: 6 / Views: 1,685Next Topic  
Valued Member
chris86's Avatar
Canada
185 Posts
 Posted 07/30/2012  9:01 pm Show Profile   Bookmark this topic Add chris86 to your friends list Get a Link to this Message Number of Subscribers
Just read an article on CBC that the penny will be distributed until Feb. of next year.

Unfortunately it seems they will still date 2012.

Here's the article:

http://www.cbc.ca/news/business/sto...html?cmp=rss
Edited by chris86
07/30/2012 9:02 pm
Pillar of the Community
kuh_85's Avatar
Canada
2366 Posts
 Posted 07/30/2012  10:08 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Yes, they're not actually minting any more. Just continuing to collect and re-distribute the current stocks.
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RoyalSilver's Avatar
Canada
933 Posts
 Posted 07/30/2012  10:09 pm  Show Profile   Bookmark this reply Add RoyalSilver to your friends list Get a Link to this Reply
if they dated 2013, people would have lost A LOT of money on the ones they bought for over 10x face value. Good thing they kept 2012
Valued Member
nickle nubber's Avatar
Canada
247 Posts
 Posted 07/31/2012  01:08 am  Show Profile   Bookmark this reply Add nickle nubber to your friends list Get a Link to this Reply
Maybe an attempt to recover more copper
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1967Canadapenny's Avatar
United States
965 Posts
 Posted 08/04/2012  11:31 am  Show Profile   Bookmark this reply Add 1967Canadapenny to your friends list Get a Link to this Reply
Yes! Now I can visit our northern neighbors to coin roll hunt!
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Canadian_Paper's Avatar
86 Posts
 Posted 08/04/2012  1:43 pm  Show Profile   Bookmark this reply Add Canadian_Paper to your friends list Get a Link to this Reply
LOL
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ShareBear's Avatar
Canada
499 Posts
 Posted 08/04/2012  5:33 pm  Show Profile   Bookmark this reply Add ShareBear to your friends list Get a Link to this Reply
I think people who bought 2012 pennies will lose some of the value. This is because since the period of distribution has increased more 2012 will be released into distribution. Especially in December. I am sure you will see a lot of 2012 pennies in your change then.
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