| Author |
 Topic  |
|
|
Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
 Posted - 07/04/2008 : 07:04:25
|
1. Is there a Canadian equivalent to U.S. wheat pennies? I mean, are Canadian cents before a certain date worth extra? I saw a 1963 Canadian cent at a coin store in a cardboard slab for $.25.
2. What is the cutoff date for Canadians not being copper. I'm getting very late dated copper Canadians in my copper pile.
3. Is there a price guide you would recommend for Canadian cents? Any particular years I should look for? Do Canadian cents have mint marks or is there a single mint?
|
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
|
|
|
copperpennies
Penny Pincher Member
USA
222 Posts |
Posted - 07/04/2008 : 08:31:56
|
1. I call the kings "Canadian wheat pennies" they were last made in 1952
2. 1997 is not copper 1996 is i believe. |
 |
|
|
NDFARMER
1000+ Penny Miser Member
USA
1197 Posts |
Posted - 07/04/2008 : 08:54:29
|
| I also save the Canadian pennies with the king on them. |
COPPER - the "poormans" precious metal!!!
SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested. |
|
|
|
TXTim
Penny Hoarding Member
629 Posts |
Posted - 07/04/2008 : 09:40:24
|
| I look at them on ebay occasionally for price guidance. Kind of disappointing - prices aren't that high for kings. I keep them anyway - they are nice looking coins. |
Beer is my currency. |
|
|
|
jpf231
Penny Collector Member
USA
340 Posts |
 Posted - 07/04/2008 : 10:35:57
|
Me too. I save any Canadians older than roughly 1950. quote:
Originally posted by NDFARMER
I also save the Canadian pennies with the king on them.
|
|
|
|
misteroman
Administrator
USA
2565 Posts |
Posted - 07/04/2008 : 11:18:39
|
| I always saved the ones before 64?the ones after the kings as well.Also saved those birdy ones too. |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 07/05/2008 : 02:46:26
|
1. Mint marks. There are two Royal Canadian Mint locations - Ottawa and Winnipeg. However, with a couple exceptions that do not matter to this board, all Canadian coins prior to 2000 had no mint mark. In 2000 the RCM introduced Plated steel coins (not clad made from three layers of metal like the US coins are, but uniformly plated). You can see a tiny P mint mark below the Queen on the plated ones from 2000 until 2006 or so. The RCM next introduced a mini logo as a mint mark. RCM logo mint mark coins are usually plated now, but they still make zinc pennies even in 2008 depending on steel vs zinc metal prices.
So if you are collecting Nickels and Pennies you only need to worry about mint marks and different complositions from 2000 to current.
2. 1996 is Cu, while 1997 is zinc moving to plated steel OR zinc in 2000.
3. There is not a well organized bulk market for the King pennies like there is for the wheats. They are however very hard to find in curculation (I've sorted a lot of pennies now and only have a jar full seperated). Generally if they are in good shape they should be worth a premium over Cu value - perhaps in bulk to justify shipping.
4. The 1967 pennies feature a Rock Dove in flight. They have no special value because everyone saves them. I save them none the less - maybe sell them by the roll in the future. If nothing else they would be interesting to international coin collectors that like bird coins.
5. Huxby's 2008 Coins of Canada lists there following retail values (what you might expect to pay a dealer) for Canadian Pennies:
1920 through 1936 except as noted are in the range of G-4 $0.20 to BU-63 $0.00-$350
Most expensive:
1923 G-4 24.00 BU-63 $3,050
Other key dates: 1922, 1925 Semi-key worth $1.00 to $4.50 in G-4 condition are 1924, 1926, 1930, 1931
However I have yet to find a 1936 or prior penny in circulation since they feature a differant design and are picked out long ago.
1937-1952 feature George VI and are listed as in VG-8 at 10 cents to 40 cents. 1944 seems to be the key date - worth up to $150 in Red BU-63
Elizabeth II Laureate Effigy 1953-1964 (young queen)
Now the premiums start with F-12 coins and run 0.10 to 0.35 cents. They exception is the whole shoulder fold/no fold varieties of 53-55. If you are interested there are online resources about these - and it was on all the denominations.
Beyond the young queens, the only premium values shown are for BU coins. This includes the Rock Doves. There was a lettering variation in 1985 that might be worth something, but I don't look for it.
|
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
|
|
|
Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 07/05/2008 : 20:59:55
|
quote:
Originally posted by legacypac
1. Mint marks. There are two Royal Canadian Mint locations - Ottawa and Winnipeg. However, with a couple exceptions that do not matter to this board, all Canadian coins prior to 2000 had no mint mark. In 2000 the RCM introduced Plated steel coins (not clad made from three layers of metal like the US coins are, but uniformly plated). You can see a tiny P mint mark below the Queen on the plated ones from 2000 until 2006 or so. The RCM next introduced a mini logo as a mint mark. RCM logo mint mark coins are usually plated now, but they still make zinc pennies even in 2008 depending on steel vs zinc metal prices.
So if you are collecting Nickels and Pennies you only need to worry about mint marks and different complositions from 2000 to current.
2. 1996 is Cu, while 1997 is zinc moving to plated steel OR zinc in 2000.
3. There is not a well organized bulk market for the King pennies like there is for the wheats. They are however very hard to find in curculation (I've sorted a lot of pennies now and only have a jar full seperated). Generally if they are in good shape they should be worth a premium over Cu value - perhaps in bulk to justify shipping.
4. The 1967 pennies feature a Rock Dove in flight. They have no special value because everyone saves them. I save them none the less - maybe sell them by the roll in the future. If nothing else they would be interesting to international coin collectors that like bird coins.
5. Huxby's 2008 Coins of Canada lists there following retail values (what you might expect to pay a dealer) for Canadian Pennies:
1920 through 1936 except as noted are in the range of G-4 $0.20 to BU-63 $0.00-$350
Most expensive:
1923 G-4 24.00 BU-63 $3,050
Other key dates: 1922, 1925 Semi-key worth $1.00 to $4.50 in G-4 condition are 1924, 1926, 1930, 1931
However I have yet to find a 1936 or prior penny in circulation since they feature a differant design and are picked out long ago.
1937-1952 feature George VI and are listed as in VG-8 at 10 cents to 40 cents. 1944 seems to be the key date - worth up to $150 in Red BU-63
Elizabeth II Laureate Effigy 1953-1964 (young queen)
Now the premiums start with F-12 coins and run 0.10 to 0.35 cents. They exception is the whole shoulder fold/no fold varieties of 53-55. If you are interested there are online resources about these - and it was on all the denominations.
Beyond the young queens, the only premium values shown are for BU coins. This includes the Rock Doves. There was a lettering variation in 1985 that might be worth something, but I don't look for it.
Wow, Legacypak! That was a lot of info, thanks for it! |
|
|
|
jpf231
Penny Collector Member
USA
340 Posts |
Posted - 07/05/2008 : 22:38:42
|
| This is great information - thanks very much - can't wait to check my early ones! |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 07/05/2008 : 23:02:45
|
Great info legacypac.. thanks for sharing. I actually do get some of those pennies from the 20's and 30's down here in CA. I sort a lot of pennies too.  |
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. |
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 07/05/2008 : 23:38:49
|
quote:
Originally posted by HoardCopperByTheTon
Great info legacypac.. thanks for sharing. I actually do get some of those pennies from the 20's and 30's down here in CA. I sort a lot of pennies too.
My guess is that an old Canadian could survive in circulation in the US easier because the average person would not recognize the design is different.
I also have not carefully screened all of my Ryedale Cu yet for old coins because I have too much backlog to process, plus I choose to screen out all the US zincs to dump in the US (saves a little because I pay no exchange rate to get US $). First US dump gave me $130 US in cash! |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
|
|
| |
Topic |
|
Canadian Wheats
Forum Locked
