2012 Penny Question - Coin Community Forum

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Author	Replies: 11 / Views: 1,549
jkol2369 Pillar of the Community Canada 607 Posts	Posted 02/10/2013 2:48 pm Can you find magnetic and non-magnetic pennies in the same mint box? Report this Post to the Staff

brexzz1 Valued Member Canada 348 Posts	Posted 02/10/2013 7:11 pm NOPE Report this Post to the Staff
jkol2369 Pillar of the Community Canada 607 Posts	Posted 02/10/2013 9:08 pm Thanks brexzz1 Report this Post to the Staff
brexzz1 Valued Member Canada 348 Posts	Posted 02/10/2013 10:13 pm no problem Magnetics were produced in Jan Feb. Non in March April and first week of May Report this Post to the Staff
CC-Ottawa Pillar of the Community Canada 3690 Posts	Posted 02/10/2013 10:29 pm Quote: Magnetics were produced in Jan Feb. Non in March April and first week of May Which leaves us with the question....how did the last 1 million pennies (the special wrap) end up being steel cored magnetic? There have been reports that early 2012 date stamped boxes have a mix of 2011 and 2012. This might be a problem because folks buying 2012 boxes are paying a premium but finding that not all of their coins are dated 2012. How can we be sure that early March weren't a mix of non and mag? I'd think you'd need inside knowledge of production practices to answer that question definitely. Is there an underlying reason why you'd be concerned about a mixed mag/nonmag box? Report this Post to the Staff
brexzz1 Valued Member Canada 348 Posts	Posted 02/10/2013 10:41 pm I have several boxes stamped 1/6/12 and any of them I have opened to sell rolls have all been 2012 pennies? Not saying it hasnt happened to have mixed but I havent seen any yet. Report this Post to the Staff
coin_games Valued Member Canada 319 Posts	Posted 02/10/2013 11:07 pm I wouldn't rule out the possibility of magnetic mixed with non-magnetic, but it certainly wouldn't be common. Even if you wanted to find out you would probably need to break open each roll to test... I do believe the mint reverted back to magnetic blanks in the last run of pennies. The second last batch of pennies I bought from the Mint were magnetic again, that was back in September. (A week or two before that they were non-magnetic and then a week or two after they were back to non-magnetic) The Mint goes with the blanks they have in stock, whichever is lower priced at that time during minting. Report this Post to the Staff
jkol2369 Pillar of the Community Canada 607 Posts	Posted 02/11/2013 6:04 pm the reason I asked is because 3 of the 50 rolls were non magnetic. so I assumed someone put those 3 rolls in Report this Post to the Staff
RoyalSilver Pillar of the Community Canada 933 Posts	Posted 02/12/2013 4:20 pm WOW, highest price for 2012 roll I have ever come across... glad I got mine for $4...is the craze already starting? http://www.ebay.com/itm/1-ROLL-OF-5...em460c82de2c Report this Post to the Staff
fillurboots Valued Member Canada 155 Posts	Posted 02/12/2013 4:31 pm That's crazy and everybody thought 10 bucks for the special roll was to much,I say one them sell yesterday for 35. Report this Post to the Staff
RoyalSilver Pillar of the Community Canada 933 Posts	Posted 02/12/2013 4:34 pm First time I saw the special roll I knew it would sell for 2x or 4x. Its going to be a HUGE hit. I need to get my hands on more. The limit 1 per customer is whats going to drive prices up. Not to mention the low mintage and nice look Report this Post to the Staff
fillurboots Valued Member Canada 155 Posts	Posted 02/12/2013 5:20 pm Ya I wish I could get my hands on a few more for my kids just got the 1 for myself. Report this Post to the Staff
	Replies: 11 / Views: 1,549

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