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 Replies: 12 / Views: 2,478 |
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New Member
Canada
12 Posts |
I recently came across a lot thousands of Canadian pennies a lot of them are 1995 to 2010 MS 61 at least. Lots of 2006's, 2002s, 2007.. all of them lol What do I do With them? Sell? Keep? how do I store them?  Edited by Beanj9
10/29/2022 4:55 pm
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Bedrock of the Community
Canada
21600 Posts |
Roll them and take them to the bank. They are all pretty common
and would be hard to sell unless in high MS condition.
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New Member
 Canada
12 Posts |
All the ones newer than 1999 are MS61 or higher . I also see some on ebay like the 2002 p listed for $7 and up and higher for some 2006's in the grades I have?!? That's why I ask  Edited by Beanj9
10/29/2022 4:44 pm
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Pillar of the Community
United States
1316 Posts |
Check ebay's sold listings in the advanced search to get a better understanding of where the market is. Some of those listings can sit there for years if priced to high and on auto-relist. |
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Bedrock of the Community
United States
19144 Posts |
Suggest checking ebay sold/completed sale info--get a sense for what they're really selling for. |
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Pillar of the Community
Canada
9158 Posts |
Find out which 2006's you have there are 6 different kinds.
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Rest in Peace
United States
18456 Posts |
 To CCF , Well I think the best bet would be to send them all to me .I need new ventures to my U.S. coin collection .  |
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Pillar of the Community
United States
666 Posts |
Some varieties to look for: Copper Plated Zinc (non magnetic) 2006P Uncrowned 2007 Uncrowned with RCM Logo Copper Plated Steel (magnetic) 2006P Uncrowned 2006 Uncrowned All the others go to the bank. |
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New Member
Canada
12 Posts |
Thanks everyone for their suggestions!!!
Got some great ideas!!
Edited by Beanj9
10/30/2022 9:13 pm
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Pillar of the Community
Canada
1505 Posts |
If you look at the actual prices realized, you will see the mS64's selling for $5-10/each. But you have 2 problems.
1. Those are prices for graded coins(cheapest is ICCS, which will run a minimum of $10 to grade)
2. The volume of sales vs coins available is tiny.
Yes, you can sell ungraded raw pennies from 1995-2012, but you will only sell a couple a year at $5 including shipping if you are lucky, not thousands, there is no demand for them.
If you have a keen eye and can pull out some 65-67's, you can probably sell those for a bit more, will sell better if graded.
In general, most pennies are worth $0.01 with the exception of a few that are listed above. Which can be found if lucky and you do a good search. I have a few boxes that I wish were worth the effort to sell (~7500), for now they will just act as weights on the closet floor.
If your hopping to strike it rich on pennies, I wish you luck.
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Pillar of the Community
 Canada
5585 Posts |
You can not believe the prices listed in CaC. They are grossly inflated full retail prices at a store, and probably graded if 63 or above. As stated above, it costs about $10 just to have the coin certified. As I've stated on here many times, you can't sell a coin to a book or a guide ... you need someone with a wallet.
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Bedrock of the Community
United Kingdom
17914 Posts |
Maybe put some on ebay in lots of 50 or so? Edited by NumisRob
10/30/2022 08:14 am
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Pillar of the Community
Canada
5239 Posts |
My LCS just can't sell many of the one cent coins, even the high grade ICCS graded ones. There is just very little demand.
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Replies: 12 / Views: 2,478 |
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Posted 10/29/2022 4:20 pm
