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 Replies: 7 / Views: 1,860 |
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Pillar of the Community
United States
1373 Posts |
First off, I'm sorry I have to ask this question. I lightly remember this topic posted in the recent past couple of years, but I couldn't find it by searching. I recently decided to roll all my excess Canadian coinage and stick the rolls in the trunk of my car just in case I ever took a trip south across the border on a day when banks might be open. I'd like to transfer the lower coins (quarters, dimes, nickels, and cents) for Loonies. I have many rolls of Canadian cents. A couple are pre-1960 cents, which I plan on keeping, but the rest are all post 1959's and just a waste of space to me now. Does Canada still accept cents to exchange? Also, if "yes", is there any time limit when this will no longer be true? Thank-you from a stupid American  |
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Bedrock of the Community
United States
94367 Posts |
I believe production of them stopped in 2014 but they're still legal tender.
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Pillar of the Community
Canada
1018 Posts |
You can still exchange them at a bank and they must accept them but almost all banks in Canada will require you to have a bank account with them. I dump at the Royal bank all the time when I have cents I don't want.
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Pillar of the Community
 Canada
9862 Posts |
They are still legal tender, all Canadian coins minted since 1858 are. You must spend them five at a time, merchants are not required to accept them so virtually none do. Banks do accept them at face and coinstar machines do at a discount.
Your best bet is to try and sneak them in with your US cents every time you make a cash purchase, you'll gain at least 30% that way.
"Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
Australia
215 Posts |
Quote:
try and sneak them in with your US cents every time you make a cash purchase, you'll gain at least 30% that way. That's fraud isn't it. If you get caught you'll spend more time in prison than most murderers.  |
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Pillar of the Community
Canada
1760 Posts |
RCM Quote:
The last Canadian penny. Struck in Winnipeg on May 4, 2012. However there have been many, many commemorative NCLT one cent coins of various metals, sizes and prices. 
Edited by Sharks
01/04/2024 3:24 pm
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Pillar of the Community
Canada
514 Posts |
lol
On my first state-side road trip (1998) with my cousin, I accidentally gave ONE Canadian penny in with a bunch of USA change;
The teller tossed it back at me like it was a pair of dirty underwear - he saw it a mile away!!
And it was an honest mistake too - I was trying to spend USA coi s I had collected for some time!
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Moderator
 United States
187582 Posts |
Quote:
On my first state-side road trip (1998) with my cousin, I accidentally gave ONE Canadian penny in with a bunch of USA change;
The teller tossed it back at me like it was a pair of dirty underwear - he saw it a mile away!!  Quote:
And it was an honest mistake too - I was trying to spend USA coi s I had collected for some time!  |
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Replies: 7 / Views: 1,860 |
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Posted 01/03/2024 4:57 pm
