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 Copper Penny Bullion Investing
 GEORGE V AND GEORGE VI
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subaqua99
Penny Sorter Member


Canada
25 Posts

Posted - 12/09/2009 :  16:50:07  Show Profile Send subaqua99 a Private Message
Had a call from a lady the other day who said she had over a thousand pennies from the 30's and 40's and wondering on a value. Had to say I really don't know.

Anybody out there have an idea of a fair price for King George V and VI pennies? I know it all depends on conditions, but average circulated pennies, lets say.

JerrySpringer
Penny Hoarding Member



669 Posts

Posted - 12/09/2009 :  18:56:44  Show Profile Send JerrySpringer a Private Message
Offer 2 cents each just for copper worth. I was looking at my copy of the 2008 North American Coins and Prices book. The 1930's and 1940's Canadian cents go for roughly 1/3 of the US counterpart dates on average. I was looking at the VG-8 condition prices. Offering 3 cents apiece would be more than fair IMHO. I average roughly 1% yield for the kings out of the bulk of Canadian cents I find. If the appear at that rate here in the US, perhaps you could find quite a bit more in your rolls up in Canada?

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biglouddrunk
Penny Pincher Member



138 Posts

Posted - 12/10/2009 :  00:08:13  Show Profile Send biglouddrunk a Private Message
I always thought George VI went like wheats about 5 cents each. i might have assumed wrong however. I also assumed George V are about 50 cent each.
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Junk Woody
Penny Collector Member



Canada
262 Posts

Posted - 12/10/2009 :  01:24:56  Show Profile Send Junk Woody a Private Message
I'd say 10 cents for the fifths and five cents for the sixths.
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subaqua99
Penny Sorter Member



Canada
25 Posts

Posted - 12/10/2009 :  22:03:38  Show Profile Send subaqua99 a Private Message
Thanks for the isight guys.
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