Canada Wide Penny Drive

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Canada Wide Penny Drive

Postby JadeDragon » Sat Aug 27, 2011 9:58 am

A TV ad alerted me to an Avon sponsored fundraiser. They are trying to raise $1.25 million in pennies for charity and to contribute you just deposit them at Scotiabank. If this works than Scotiabanks should be a good place to buy pennies from.

Story about the lady who had the idea:
http://www.torontonews24.com/events/32- ... -the-penny


Every Penny Counts
Give your pennies a purpose. This summer, the AVON Foundation for Women, in partnership with Scotiabank, will be asking Canadians to roll their pennies to benefit
The goal is to collect 125 million pennies, that's $1,250,000 in honour of Avon's 125th Anniversary.
Gather your pennies and start rolling.
Make sure they are identified with account number 80002 06366 14
Drop your pennies off at any Scotiabank location. To locate a branch near you www.scotiabank.com
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.
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Re: Canada Wide Penny Drive

Postby Morsecode » Sat Aug 27, 2011 7:28 pm

Yeah, that's a good lead. Maybe get some folks scraping the bottom of their sock drawers and releasing a whole bunch of long lost Georges. Would be interested to hear the success stories if anyone follows up.
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Re: Canada Wide Penny Drive

Postby Copper » Sat Aug 27, 2011 8:21 pm

That's great, I buy a lot of pennies from Scotiabank.
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Re: Canada Wide Penny Drive

Postby balz » Sat Aug 27, 2011 11:52 pm

Copper wrote:That's great, I buy a lot of pennies from Scotiabank.


Do you have a merchant account and if you don't do they let you order pennies on a regular basis?
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Re: Canada Wide Penny Drive

Postby Oakair » Sun Aug 28, 2011 12:15 am

This is a sorter's dream!

Hopefully this isn't just a ploy by the government to collect all the hiding copper in order to melt it themselves :lol:
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Re: Canada Wide Penny Drive

Postby highroller4321 » Mon Aug 29, 2011 9:28 am

I would call the bank and try to make a deal with them. Its going to cost the bank a decent amount of money to take care of all the pennies. You could offer to pay them face value and probably get away with it.
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Re: Canada Wide Penny Drive

Postby JobIII » Mon Aug 29, 2011 12:22 pm

This would be quite the score, if someone here could actually buy out the pennies coming in.

It seems like the coins are not going to be treated like normal after being deposited into the special account. So you would probably have to check banks weekly for pennies. I'd go around talk to a bunch of these locations and like HR said, try and set something up...
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