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How To Exchange US Pennies?

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Author Previous TopicReplies: 7 / Views: 1,373Next Topic  
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Al D's Avatar
Canada
27 Posts
 Posted 01/30/2020  6:58 pm Show Profile   Bookmark this topic Add Al D to your friends list Get a Link to this Message Number of Subscribers
I'm from Canada and have a few rolls of pre-1982 US pennies (no errors found) I'd like to deposit at the bank.

Thing is, my bank only accepts them at par with the Canadian dollar (and currently, 1 USD = 1.32 CAD).

What could I alternatively (and legally) do with them not to lose 0.32 CAD on every 100 US pennies I have?
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Pacificoin's Avatar
Canada
5392 Posts
 Posted 01/30/2020  7:07 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Take them to the US
Open US Bank account
Deposit pennies
Pure Magic.

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machine20's Avatar
United States
1272 Posts
 Posted 01/30/2020  7:22 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Why not just hold on to them if it's only a few dollars
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silverwolf's Avatar
Canada
3733 Posts
 Posted 01/30/2020  7:26 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
I'm guessing you found them in Canadian rolls, so you only paid 1 cent each, so you really wouldn't be losing anything if that was the case..
Bedrock of the Community
United States
20753 Posts
 Posted 01/31/2020  12:59 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
If by a few you mean possibly two, no big thing. Just give the to some kid for a present.
Valued Member
Lionel90's Avatar
United States
392 Posts
 Posted 01/31/2020  4:44 pm  Show Profile   Bookmark this reply Add Lionel90 to your friends list Get a Link to this Reply
Take a trip to the US and spend them while on vacation
New Member
Canada
26 Posts
 Posted 01/31/2020  7:55 pm  Show Profile   Bookmark this reply Add Joma to your friends list Get a Link to this Reply
Sort them by grade for the practice. Throw a few out there for the opinion of others to see how well you did. This will let you get way more out of it then an extra .32 cent a piece. Unless of course you have 50 000 rolls.
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Al D's Avatar
Canada
27 Posts
 Posted 02/01/2020  11:19 pm  Show Profile   Bookmark this reply Add Al D to your friends list Get a Link to this Reply
Thanks to all for the suggestions.

As a kid, my dad would give me a few pennies to make wishes with and throw in the water fountains at the mall. The fun of doing that again would've been "worth" way more than depositing them at the bank (and I would've had bagfuls of wishes to make!), but they've since removed the fountains...

Oh well, maybe they'll come in handy in the event of a future trip to the US (if they're still in circulation at that point).
Edited by Al D
02/01/2020 11:20 pm
  Previous TopicReplies: 7 / Views: 1,373Next Topic  

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