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 Replies: 18 / Views: 3,202 |
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Valued Member
Canada
367 Posts |
Hey fellow numismatics, I was wondering if it's worth while to keep copper pennies I find, searching through rolls? I think there is a law against melting legal tender, so I wondered who would buy them? I also don't want to roll them back up  Thanks guys, cazzuey |
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New Member
United States
34 Posts |
You can sell them on ebaySandi |
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Valued Member
 Canada
367 Posts |
I'm just worried about shipping charges. It might no even be worth it by the end of the day.
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Valued Member
Canada
371 Posts |
Are you talking about pennies made before 1997 when composition was almost completely copper? If so, I wouldn't bother to hang onto these unless you are planning to collect them.
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Valued Member
Canada
367 Posts |
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Valued Member
United States
296 Posts |
If one is going to hoard copper cents, Canadian would be the way to go. I do. Superior to the U.S. cent. It's bronze, not brass. It's 98% pure. And at least in the U.S., meltable if the need should arise... They sell for a better price than the U.S. cent. Plus they just look cooler.  Edited by Bowfin
07/24/2011 5:20 pm
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Moderator
 Canada
10458 Posts |
Quote:
Plus they just look cooler. While the US does have some beautiful coinage, when it comes to 1-cent coins, I absolutely concur! "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
United States
3402 Posts |
Yes, put the copper Canadian cents (<1997)aside. I do. I have accumulated quite a few even though I'm in the USA. And you Canucks, yes I'll give you the Canadian cent looks better than the US cent, but what about the US Mercury dime and Liberty Walking Half $. What do you got to compare to those? KK |
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Valued Member
Canada
367 Posts |
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Bedrock of the Community
United States
10635 Posts |
Priceless!  |
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Pillar of the Community
Canada
610 Posts |
I guess you can call me a copper hoarder.
I keep all dates up to 1979(weight=3.24 grams)All the dates 1980 to 1996,I rolled and sent them to the bank.Only because there is less copper in them. )1980 & 1981=2.8 grams.)
(1982 to 1996=2.5 grams.)
1980 to 1996 I had a ton of them. Too much to hoard(since they are still too easy to find in circulation.
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Pillar of the Community
United States
3294 Posts |
Does Canada have laws regarding taking cents out of the country in bulk? I might have a road trip to Canada and could find about 100 lbs of copper cents.
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Valued Member
Canada
53 Posts |
The only limit on money/coin export is the $10k declaration limit as far as I know.
The time to pull copper pennies from circulation is now, don't wait until percentages drop off like with nickels. If you don't know of anywhere to sell them, just worry about that later. Shipping copper pennies to a US buyer is not cost effective unless you can cross the border with them yourself and ship flat rate from there. I sell pennies to a local buyer who buys small amounts. For nickels it is cost effective to ship across the border (at least in large amounts) because they're worth a lot more per pound. Some postal workers will tell you that shipping coins across the border is illegal or against policy but it's not. The best place for information on this is a certain forum on penny hoarding that is forbidden to mention here for some reason. It can be found easily with google though.
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Valued Member
Canada
68 Posts |
I would definately say keep them! I have over 25000 coppers......Sure they take up space, but remember its money.
Go to the bank and a get a box of pennies for $25......fun for the next couple of nights!
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Pillar of the Community
Canada
3692 Posts |
Ken: Those coins you mentioned haven't officially been circulating so you're comparing apples and oranges.
I keep everything so that I can go through them years down the road. I have a few BU pennies that I would keep and just end up selling the rest as they get scarcer and eventually obsolete. It'd be great to have a truly unsearched jar of old pennies in a few decades. It's not the copper I want, it's the old coins.
Today's zinc pennies are so tough to handle/manipulate, it's no wonder people hate them. They'll be gone soon.
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Pillar of the Community
United States
632 Posts |
What % of pre 1997 canadian cents are normally found in bank boxes. Hear in the U.S., generally we are at about 25% pre 83 copper cents in bank boxes.
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Replies: 18 / Views: 3,202 |
Posted 07/24/2011 11:45 am
