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2006 (Penny) No P Or Royal Mark And Non Magnetic ?

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New Member

United States
8 Posts
 Posted 06/23/2018  2:52 pm Show Profile   Bookmark this topic Add stuffguy121 to your friends list Get a Link to this Message Number of Subscribers
*** Edited by Staff to Add Year / Mintmark / Denomination to Title. Titles are Important! ***

hey I found this 2006 elez penny from our northern counter part and I looked up a little bit about this thing but I can find how much it could be worth or if I should even get it slabbed what du you thinkkk guys?
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John1's Avatar
United States
56855 Posts
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JimmyD's Avatar
Canada
21589 Posts
 Posted 06/23/2018  4:15 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
It is the 2006 no P magnetic cent that has value.
Yours is just a regular business strike.

Keep searching though, there are good finds out there.
Edited by JimmyD
06/23/2018 4:22 pm
New Member
United States
8 Posts
 Posted 06/24/2018  07:06 am  Show Profile   Bookmark this reply Add stuffguy121 to your friends list Get a Link to this Reply
ya I checked and jimmy I'm sorry but you are mistaken thank you for your input guys I think ive got enough to go on now I'm going to show my coin guy at my local shop and work something out thanks.
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gidjit's Avatar
Canada
1980 Posts
 Posted 06/24/2018  07:19 am  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
Jimmy is correct. I have searched around 2 million pennies over the years and found 47 of them and sold a few ranging from US$30 - 220 depending on condition. I have only found 2 magnetic with p and none non magnetic with p. But have not sent any for grading. If yours is non magnetic then its worth 1 cent
Edited by gidjit
06/24/2018 07:23 am
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JimmyD's Avatar
Canada
21589 Posts
 Posted 06/24/2018  08:42 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
stuffguy-
First of all, I am not mistaken. Whoever is giving you advise is wrong.
I will try to explain.
All copper plated zinc cents (non-magnetic) have no "P" composition mark.
When the mint introduced Multi-plated steel (magnetic), the
"P" composition mark was added to distinguish the two as they
were both minted in 2006.
Somehow during the minting of the non-magnetic zinc plated cents, (With no "P" mark)
some of the Magnetic plated steel planchets made their way into the hopper.
It is these magnetic cents with no "P" that are the valuable ones, not the regular no "P" non magnetic.

If you still want to believe your other source of information, then by all means go ahead but it was
you that asked for opinions on this Canadian Coin Forum.
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gidjit's Avatar
Canada
1980 Posts
 Posted 06/24/2018  09:15 am  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
easiest way to find out is search ebay sold auctions for it , you will see,,by the way even if yours is the scarce one its really not worth the money to send it for grading in that condition
Edited by gidjit
06/24/2018 09:23 am
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United States
8 Posts
 Posted 06/24/2018  11:39 pm  Show Profile   Bookmark this reply Add stuffguy121 to your friends list Get a Link to this Reply
well I checked this site and its list the 2006 no p non magnetic as one other known specimen sold ms 66 for like $3000. but hey my locial coin shop is looking further into the specs and he confirmed what I just stated. anywho anybody can make mistakes and if I end up with a nice payday ill be sure to rub it in.. jk thank you for your honest and thoughtfull post I know your just trying to help me out and not get my hopes up if it comes back as nothing. but I wouldnt even be posting a picture of the coin if I didnt think it potentially would be something of importance. but like I said anyone can make mistakes. check out this link and see for yourself http://coinsandcanada.com/coins-pri...nt-2003-2012
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gidjit's Avatar
Canada
1980 Posts
 Posted 06/25/2018  09:27 am  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
I think you are looking at the 2006 p non magnetic yours has no p. But if you still dont believe us I can sell you hundreds just like yours for a dollar each
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gidjit's Avatar
Canada
1980 Posts
 Posted 06/25/2018  09:29 am  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
I even have some never opened rolls of unc 2006 non mag rolls if you like
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Canada
5324 Posts
 Posted 06/25/2018  10:21 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Why don't you just use a magnet on this coin ?
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JimmyD's Avatar
Canada
21589 Posts
 Posted 06/25/2018  10:59 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply

Quote:

well I checked this site and its list the 2006 no p non magnetic as one other known specimen sold ms 66 for like $3000


I guess that means that the other 886 million plus 2006 non-magnetic cents minted would be worth around that too.
And what about the billions of other no S non-magnetic coins minted in previous years. What would they be worth?
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gidjit's Avatar
Canada
1980 Posts
 Posted 06/25/2018  11:10 am  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
just to show you this roll is what you say your coin is 2006 non magnetic no p no logo as you can see I have a powerful magnnet and its not attracting the roll at all( I wish it was) if these coins were worth upto $3000 each I would be doin ok but I sold a bunch of these rolls on ebay and the bids only went to a few dollars, I hope this will convinve you that your coin is common
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2006-Penny-No-P-Or-Royal-Mark-And-Non-Magnetic-?
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JimmyD's Avatar
Canada
21589 Posts
 Posted 06/25/2018  11:25 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Well done demonstration gidjit, but as you can probably remember
from some of the previous postings here, no matter how much you
can prove something, people are still going to say you are wrong.
Personally, I'm through posting on this subject.
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robmck1967's Avatar
Canada
870 Posts
 Posted 06/25/2018  3:15 pm  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
it's the P non magnetic that sold for $3000. yours clearly does not have the P under the queen. that is what JimmyD and gidgit are trying to tell you.
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nfine's Avatar
United States
3468 Posts
 Posted 06/25/2018  3:48 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply

Quote:
Well done demonstration gidjit


What does that photo demonstrate?
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