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 Hoarding Copper Bullion Pennies
 Canadian Pennies
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coppernicus
Penny Pincher Member


USA
144 Posts

Posted - 04/26/2008 :  19:45:30  Show Profile Send coppernicus a Private Message  Reply with Quote
What do you all do with your canadian pennies? Do you keep the copper ones separate from your US pennies? Here in Michigan, probably 5% of the pennies are Canadian. Is it currently legal to melt the Canadian copper??

Ardent Listener
Administrator



USA
2625 Posts

Posted - 04/26/2008 :  19:55:31  Show Profile Send Ardent Listener a Private Message  Reply with Quote
I understand that it's legal to melt the Canadian copper pennies and Nickels here in the United States............But that's not legal advice. I'm just saying that to entertain you.

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topeka
Penny Pincher Member



159 Posts

Posted - 04/26/2008 :  19:58:26  Show Profile Send topeka a Private Message  Reply with Quote
I keep all my canadians in a jar to sort later.

Silver..poor mans gold
Copper..peasant silver
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eharrison
Penny Pincher Member



USA
234 Posts

Posted - 04/27/2008 :  00:08:36  Show Profile Send eharrison a Private Message  Reply with Quote
^^^^^DITTO

Freedom is popular
That's why I voted
Ron Paul!
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misteroman
Moderator



USA
1246 Posts

Posted - 04/27/2008 :  00:21:34  Show Profile Send misteroman a Private Message  Reply with Quote
Throw them in my copper buckets
D

****Always buying wheats and Pre 82's!!!! See post or PM me for details****
http://realcent.forumco.com/topic.asp?TOPIC_ID=2014
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NDFARMER
Penny Collector Member



USA
294 Posts

Posted - 04/27/2008 :  08:49:58  Show Profile Send NDFARMER a Private Message  Reply with Quote
I do the same thing Misteroman does. The ones that my Ryedale separates as copper I leave in the copper pail. I don't think this should hurt anything. 10 or 15 years from now when I am selling them as copper bullion I don't think it will matter whether they are American or Canadian.

From what I understand any Canadian penny before 1996 is copper. Please correct me on that if I am wrong.

COPPER - the "poormans" precious metal!!!
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Centsearcher
Penny Sorter Member



USA
97 Posts

Posted - 04/27/2008 :  09:10:01  Show Profile Send Centsearcher a Private Message  Reply with Quote
I throw the heavy, pre-1980 canadians in with the rest of my copper, and return everything else to the bank. Here in Michigan, there is at least 2-5 Canadians in every roll.

And yes, all Canadian cents before 1996 are copper, although since 1980 they only contain about 75% of the copper content of our pre-82's.

--Misplaced Numismatist--

Vote your conscience: Vote Ron Paul

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CoinHunter53562
Penny Hoarding Member



USA
627 Posts

Posted - 04/27/2008 :  10:17:55  Show Profile Send CoinHunter53562 a Private Message  Reply with Quote
I keep all Canadian cents and separate them out by copper content (i.e. 1942-1979, 1980-81, 1982-1996, 1997-present). I dont put the counts in my hoard code though. They are more or less just sitting in containers for now until I decide what to do with them. I only get about 5-7 per box of pennies.

Load up now while you can!

HoardCode0.1:M38/1USWI:US1Cu990:US5CuNi85
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Flbandit
Penny Collector Member



USA
428 Posts

Posted - 04/27/2008 :  11:50:47  Show Profile Send Flbandit a Private Message  Reply with Quote
I just seperate them for now. I thought about trying to trade a few rolls for coppers at the flea market. We get alot of Canadians here in FL, so the coin dealer there might be willing.

Are you throwing that out?
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aboxaweek
Penny Collector Member



USA
321 Posts

Posted - 04/27/2008 :  17:13:00  Show Profile Send aboxaweek a Private Message  Reply with Quote
I keep them in a seperate jar to do... i dont know.



*HUCKABEE*
___08'____
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MormonMetal
Penny Pincher Member



USA
129 Posts

Posted - 04/27/2008 :  17:46:13  Show Profile Send MormonMetal a Private Message  Reply with Quote
I sort them almost like CoinHunter53562. I sort them when I have about $10 face. I do two different sorts; first I sort into kings, copper, and zinc, then I sort the copper into 1953-1979, 1980-81, 1982-1996.
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Robarons
Penny Pincher Member



USA
167 Posts

Posted - 04/27/2008 :  20:41:38  Show Profile Send Robarons a Private Message  Reply with Quote
I'm in Michigan too so the Candian penny is almost a 2nd Currency here. It used to be a game of 'Hot Potato' when the Can. dollar was weak and we tried to get rid of them ASAP. But even with the stronger CAN. dollar people still have the ASAP thinking. So sometimes CWR I get are pure CAN pennies or 75% CAN with 25% USA to show they didnt try to pull a fast one.

I too sort by Pennies up to 79, 80-96, 97- present, kings, and birds (Rockdoves). But I would refrain on throwing them in with your US Copper. I believe CAN pennies are 97.5% copper and have many weights. In my personal opinion I believe this and the fact you *may* be able to melt them gives them a silght premium.

Its like saying 'I'll throw this Can. junk silver with my US junk silver because its all silver bullion in the end' if you mix the stuff up. Not a good idea in my opinion.

Cheers, robarons

Seven days without sorting makes one weak.

I told my buddies theres no worry for a run on the banks. Joe Sixpack too lazy and *may* have a walk on the banks.
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simplicitycounts
Penny Pincher Member



USA
200 Posts

Posted - 04/28/2008 :  00:04:41  Show Profile Send simplicitycounts a Private Message  Reply with Quote
I agree with Robarons, I keep them separate feeling they should have a premium being they are not banned for melt in the US. I sort mine by Kings, 1953-1979, and 1980-1996. I do not feel the 1980-1981 are worth keeping separate as the difference is one thousanth of a cent. Minnesota is the same as Michigan, lots of Candadian coins mixed in.
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WilliamC
Penny Collector Member



USA
471 Posts

Posted - 04/28/2008 :  06:24:12  Show Profile Send WilliamC a Private Message  Reply with Quote
Here in Mississippi the Canadian pennies are rare enough that I put all of the, zinc and copper, into a separate baggie. Along with the 2 cent Euro, a couple of British coins, a coin from Ecuador, and a couple of Bahamian coins I've found.

If I miss some in my copper they stay in my copper. If I miss them in my zincs they get returned to the bank.

Sorting In Northwest Mississippi
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NotABigDeal
1000+ Penny Miser Member



USA
1848 Posts

Posted - 04/28/2008 :  06:36:58  Show Profile Send NotABigDeal a Private Message  Reply with Quote
All my foreign finds, including Canadians, go into a bag. Any that the Ryedale sorts stay where they are sorted if I don't see them.

Deal

I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks.
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knibloe
Penny Hoarding Member



USA
537 Posts

Posted - 04/28/2008 :  21:21:49  Show Profile Send knibloe a Private Message  Reply with Quote
I started to sort them by different years(compositions), but now just have two pails: copper canadians and steel canadians. The steels I am going to take to Canada and buy some nickels.
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legacypac
Administrator



Canada
1653 Posts

Posted - 06/05/2008 :  13:12:48  Show Profile Send legacypac a Private Message  Reply with Quote
quote:
Originally posted by knibloe

I started to sort them by different years(compositions), but now just have two pails: copper canadians and steel canadians. The steels I am going to take to Canada and buy some nickels.



There are also Zinc Canadian Pennies. coinflation.com/canada
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Saul Mine
Penny Collector Member



USA
335 Posts

Posted - 06/05/2008 :  14:47:22  Show Profile Send Saul Mine a Private Message  Reply with Quote
What are they going to do, send mounties to get you?

There was a guy in the 50s who made a living counterfeiting British sovereigns. He was so good at it that he advertised. The Brits were never able to bust him because he wasn't on British soil and it's not a crime to counterfeit British coins outside British jurisdiction. Same goes for Canadian coins in the US, or US coins in Canada.

A penny sorted is a penny earned!

Please use tinyurl.com to post links. Long links make posts hard to read.
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Cerulean
Penny Hoarding Member



USA
649 Posts

Posted - 06/05/2008 :  15:00:56  Show Profile Send Cerulean a Private Message  Reply with Quote
quote:
Originally posted by Saul Mine

What are they going to do, send mounties to get you?

Extradition.

RUNNING TOTAL
---------------------------------------
16857 zincs (1982-2008) 75.4%
5346 coppers (1959-1982) 23.9%
110 wheats (1920-1958)
50 Canadian (1959-2007)
1 dime (2004)
1 foreign (2005)


Sorting Map: http://www.frappr.com/?a=constellation_map&mapid=68719599394
2008 First Finds: http://realcent.forumco.com/topic~TOPIC_ID~1716.asp
Wanna take money away from the Fed? Spend dollar coins!
Listening is the linchpin of democracy.
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mooski
Penny Sorter Member



USA
42 Posts

Posted - 06/09/2008 :  06:02:28  Show Profile Send mooski a Private Message  Reply with Quote
I've got all my Canadian pennies sorted by 'date range', and most of it rolled as well. I'm just trying to figure out what to do with all of my Canadian pennies dated 97+...

I figure I have about $5-$10 in Canadian coinage, and a lot of paper CDN as well.

Mebbe I'll head up to Vancouver for Canada Day. I hear it's like a whole different country up there. Do a little shopping - get a suit like the ones Don Cherry wears...

-M

Sorting and hoarding in Seattle, WA
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legacypac
Administrator



Canada
1653 Posts

Posted - 06/09/2008 :  10:55:07  Show Profile Send legacypac a Private Message  Reply with Quote
quote:
Originally posted by mooski

I'm just trying to figure out what to do with all of my Canadian pennies dated 97+...

I figure I have about $5-$10 in Canadian coinage, and a lot of paper CDN as well.

Mebbe I'll head up to Vancouver for Canada Day. I hear it's like a whole different country up there. Do a little shopping - get a suit like the ones Don Cherry wears...



1. Roll the steel canadian pennies in a few at a time with your US zincs. Don't do solid rolls of CDN. Dump at bank. That is where you got them right?

2. We do not dress like Don Cherry and I'm sure he has his suits custom tailored. Why I know not :(

3. Vancouver is an incredable City ! Seattle is pretty nice too. Welcome :)

Edited by - legacypac on 06/09/2008 10:56:24
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