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Pennies Out Of Circulation.........

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windychimes's Avatar
Canada
250 Posts
 Posted 12/20/2010  11:32 am Show Profile   Bookmark this topic Add windychimes to your friends list Get a Link to this Message Number of Subscribers
My question is...what's going to happen to the values of any collectible pennies if the senators get their way and take the pennies out of circulation. Maybe I should get rid of all my magnetic 2006 pennies soon.
Valued Member
TwoCentsWorth's Avatar
Canada
250 Posts
 Posted 12/20/2010  2:34 pm  Show Profile   Bookmark this reply Add TwoCentsWorth to your friends list Get a Link to this Reply
I suspect the price on those will increase. As our pennies are removed from circulation, very few Mag 2006 1 cents will be found. In essence it will decrease the number in circulation and most likely increase their value to collectors.

just my opinion
Valued Member
larryt's Avatar
Canada
51 Posts
 Posted 12/20/2010  2:36 pm  Show Profile   Bookmark this reply Add larryt to your friends list Get a Link to this Reply
I'd be interested in buying a 2006 magnetic if you have an extra at a reasonable price. I gave up looking.
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Canada
9865 Posts
 Posted 12/20/2010  3:35 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Look here this topic was discussed on this forum a couple of days ago
https://goccf.com/t/76559
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MrCanada's Avatar
Canada
650 Posts
 Posted 12/28/2010  01:28 am  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
It is overdue, as is the nickle,sorry no emotion just reality.
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