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Is it easy to sell Pennies in Canada?

PostPosted: Tue Oct 28, 2014 12:04 am
by Recyclersteve
Now that they haven't been minting pennies in Canada for a while I am curious- is it east to sell pennies in Canada? I'm not referring to those which need to be shipped from the U.S. with ridiculous shipping charges. Also, do Canadian coin dealers have many copper cents for sale? Are they asking ridiculous prices, like 10 cents apiece now? I'm trying to get a feel for what it will be like here in the U.S. if the mint stops making pennies.

Re: Is it easy to sell Pennies in Canada?

PostPosted: Tue Oct 28, 2014 8:08 pm
by mtalbot_ca
The best price I saw was: (for regular 1964-2012 pennies)

2x for smaller quantities
1.5x on occasion for larger lot
1.15x for larger deals.

Cheers,