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coppernicus
Penny Collector Member
  
 USA
383 Posts |
Posted - 12/28/2009 : 15:20:20
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Poll Question:
Which would prefer to have Canadian(able to melt) or US pennies ,and would you prefer to know the weight or the face value?
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Edited by - coppernicus on 12/28/2009 15:25:47 |
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dakota1955
1000+ Penny Miser Member
    

2212 Posts |
Posted - 12/28/2009 : 15:33:01
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| Take all you can find |
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coppernicus
Penny Collector Member
  

USA
383 Posts |
Posted - 12/28/2009 : 15:50:27
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| Do you prefer canadian cause you can melt it? US cause you can spend it? US because of the exchange rate? Canadian because of the older heavier coins? |
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Nickelmeister
Penny Hoarding Member
   

Canada
588 Posts |
Posted - 12/28/2009 : 15:53:16
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| Go Canada! lol |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping $101-500 worth - spot +20%, plus actual shipping $501-1,000 worth - spot +15%, plus actual shipping $1,001+ worth - spot +10%, plus actual shipping |
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uthminsta
1000+ Penny Miser Member
    

USA
1872 Posts |
Posted - 12/29/2009 : 11:42:50
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| Umm... I'll take the Canada! It would take me forever to amass that much by hand sorting, and I am assuming the poll puts you in the position of "which would you rather have if someone is holding these four bags and you can only have one" versus "which would you rather have if you have to sort them all out to get them." |
Come to the new and improved realcent: http://realcent.org
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2old
Penny Pincher Member
 

188 Posts |
Posted - 12/29/2009 : 12:39:00
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| Can the Canadians not melt U.S. coinage like we can melt Canadian?? |
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Nickelmeister
Penny Hoarding Member
   

Canada
588 Posts |
Posted - 12/29/2009 : 13:02:09
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quote: Originally posted by 2old
Can the Canadians not melt U.S. coinage like we can melt Canadian??
I suppose we could, but it's illegal to take them out of the US in any sizeable quantity. Why is everyone so excited about melting? |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping $101-500 worth - spot +20%, plus actual shipping $501-1,000 worth - spot +15%, plus actual shipping $1,001+ worth - spot +10%, plus actual shipping |
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2old
Penny Pincher Member
 

188 Posts |
Posted - 12/29/2009 : 14:37:30
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quote: Originally posted by Nickelmeister
quote: Originally posted by 2old
Can the Canadians not melt U.S. coinage like we can melt Canadian??
I suppose we could, but it's illegal to take them out of the US in any sizable quantity. Why is everyone so excited about melting?
As with silver, I imagine the normal transition at some point will be to melt the coppers down. IMHO most of the silver coinage that was traded in $1,000.00 FV bags has been melted down by now. I think there would (actually I know) be a better, higher paying market for coins that can legally be melted, than those that can not. The thing to do may be trade U.S. for Canadian cents, as the law allows. |
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2old
Penny Pincher Member
 

188 Posts |
Posted - 12/29/2009 : 14:45:26
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Money and Other Monetary Instruments
(08/21/2009)You may bring into or take out of the country, including by mail, as much money as you wish. However, if it is more than $10,000, you will need to report it to CBP. Ask the CBP officer for the Currency Reporting Form (FinCen 105). The penalties for non-compliance can be severe.
“Money” means monetary instruments and includes U.S. or foreign coins currently in circulation, currency, travelers’ checks in any form, money orders, and negotiable instruments or investment securities in bearer form.
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