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deleted
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Posted - 12/16/2007 : 09:52:18
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Hey folks, I was just wondering what ya'll do with the foreign coins found when searching pennies? I have just been tossing them in a coffee can. All the ones I have found so far are Canadian pennies and a single Barbados penny.
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Tourney64
1000+ Penny Miser Member
    

USA
1035 Posts |
Posted - 12/16/2007 : 10:04:47
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| I had over $32 of Canadian coins (mostly quarters), that sold to a guy in my company who was from Canada. I sold to him at the current exchange rate. He goes over the border all the time. The Canadian pennies depending on the year can be sold for the copper just like the US pennies. If you get some of the newer ones, you can try use it as a regular penny. |
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cyberdan
Penny Collector Member
  

USA
289 Posts |
Posted - 12/17/2007 : 10:09:09
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quote: Originally posted by Tourney64
The Canadian pennies depending on the year can be sold for the copper just like the US pennies. If you get some of the newer ones, you can try use it as a regular penny.
I am in SoCA and get Canadian cents all the time. What is funny, I am only 100 miles from Mexico and rarely get any centavos. Most cashiers don't pay attention a penny is a penny. They take them without a problem. When I sort, if my ryedale says they are copper they stay with the Cu cents, if not they just get deposited with all the other zinc.
I just save all my foreign, some day I may try to sell as a lot on ebay. |
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NotABigDeal
1000+ Penny Miser Member
    

USA
3890 Posts |
Posted - 12/17/2007 : 17:55:35
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Throw them in the look-what-I-found bag.
Deal |
Live free or die. Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen." - Samuel Adams |
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fiatboy
Administrator
   

912 Posts |
Posted - 12/17/2007 : 23:19:32
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I set aside my Canadian coins, but the rest I throw in a big bowl along with my leftover coins from when I travel abroad. About every year or so, I go through all my foreign coins, try to identify the ones I don't recognize (very fun!), figure out the metallic composition, pull any keepers, and then I...well, I actually don't know what I'm going to do with all the rest. I have hundreds, and for now, I think I'll just keep accumulating. Some coins remind me of my travels, but most I just wonder, how the heck did I get this thing? A coin from Paraguay? A coin from Nepal? What? Tons of old European coins. Lots of cheap aluminum and steel coins. Nothing too exciting, but interesting nonetheless. Some I don't even remember where I got them---I've had them since I was a boy.
When I have a large quantity of Canadian coins that I'm not saving for their metal content, I sell them on ebay or save them on the offchance I'll be going to Canada. Last auction, after shipping fees, netted me $0.28. |
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
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NotABigDeal
1000+ Penny Miser Member
    

USA
3890 Posts |
Posted - 12/18/2007 : 06:34:50
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quote: Originally posted by fiatboy Last auction, after shipping fees, netted me $0.28.
With profits like that, I'll be selling on eBay before long. Or not. What did you sell if I may ask? A penny sold for $0.28 profit wouldn't be bad percentage wise.
Deal |
Live free or die. Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen." - Samuel Adams |
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Cerulean
Penny Hoarding Member
   

USA
993 Posts |
Posted - 12/18/2007 : 14:09:40
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| I'd be perfectly willing to help unburden any Realcent members of their foreign finds. After all, they're just taking up space, right? :) Let's talk. |
Sorting Map 2010 First Finds Contest Are you a Buffalo Hunter? Wanna take seignorage away from the Fed? Spend *any* coins! We cannot afford this government. Cerulean's Standing Offer: $3/lb shipped for foreign coins |
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fiatboy
Administrator
   

912 Posts |
Posted - 12/19/2007 : 01:32:59
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My ebay Canadian coins had a face value of a little less than $30.00. Sold for $35 or $36, I think. I forget the details. About half of them were loonies and toonies. A few dimes, about 4 or 5 dollars in pennies, and the rest in nickels. One of the dimes was 50% silver, so that helped a little bit. And a few of the nickels were 999Ni. I didn't exactly make a killing. If I had driven to the post office instead of walking, gas alone would have put me in the hole. I just wanted to exchange them for something close to the real exchange rate, since FOREX places don't accept coins, and all other places that do exchange foreign coins are ripoffs. I got what I wanted, so I was satisfied. Granted, I don't think I'd do this if I had 5 to 10 dollars in change. Wouldn't be worth it after shipping costs.
Someday I'll probably have a firesale on all the foreign coins that I don't want---which is most of them. |
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 12/19/2007 : 15:09:04
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| I like to keep all mine. I have a special collection of the foreign coins I have gotten in circulation. If I get a really weird one that I can't identify Cerulean is always there to come to the rescue and help figure out what it is.. He is fantastic at identifying those foreign coins! Amazing the different types of foreign coins that turn up in rolls. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
Edited by - HoardCopperByTheTon on 12/19/2007 15:10:51 |
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