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Large One Cent Pieces

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United States
337 Posts
 Posted 03/14/2014  6:39 pm Show Profile   Bookmark this topic Add Henry M Smith to your friends list Get a Link to this Message Number of Subscribers
Have the prices for large Canadian one cent coins changed when the penny was taken out of production? I know the small cent is hard to find, bt did the change affect the older pieces?

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Canada
9865 Posts
 Posted 03/14/2014  8:48 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
No
"Dipping" is not considered cleaning...
-from PCGS website
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Canada
1461 Posts
 Posted 03/15/2014  12:31 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
I agree with the no price movement on the large cents. Certainly not the case for small cents. They are one of the stronger performing coins at the moment.
Edited by TheCoinHunter
03/15/2014 12:32 pm
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punman's Avatar
Canada
849 Posts
 Posted 03/15/2014  6:07 pm  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply
The large cent was out of circulation for may years when the small cent was dropped last year so I don't expect any difference there.

I am curious about the small cents though. Will prices rise as they are going out of circulation or will prices drop because people won't see pennies any more and lose interest in collecting them?
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persistnt's Avatar
Canada
726 Posts
 Posted 03/16/2014  01:13 am  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
price I sayyy will goo up.........
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Canada
5324 Posts
 Posted 03/16/2014  01:19 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Generally speaking, only key date ms red large cents are doing well at recent auctions, brown cents either don't sell or do poorly.
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pennysaver's Avatar
Canada
937 Posts
 Posted 03/16/2014  12:02 pm  Show Profile   Bookmark this reply Add pennysaver to your friends list Get a Link to this Reply
There are still such huge quantities of circulated small cents out there that I don't believe they will ever do much. Errors and varieties, or red ms coins will have a better chance, but I think it's only going to be the rarities or pre-1961 pennies in great shape that will rise in value. Maybe in your grandkids time; depends how many old jars of pennies are still around after people finally send them back to mint to be melted.
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