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Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 7:05 pm
by CardsNCoins
Canadian cents are a nice by-product of my sorting for US copper pennies and wheat pennies. As far as "separating" the Canadians, I only pull out the King George V and VI, and the rest just get rolled up without thought to the different weights some of the years have.

I only have about 32 rolls so if I had to separate them by year it wouldn't be a big deal, but does anyone here think that is necessary? Do any of you do it already?

Thanks in advance for any thoughts/insight you all may have.

Nick

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 7:53 pm
by henrysmedford
This is an older photo. I had to count I am at 59 rolls each roll is the same date and metal type. Some of the post 96 have some worth see http://www.coinsandcanada.com/coins-prices.php?canadian_coins=1-cent-1965-2012. Also we tube all finds and save all Canadian 1920 -2012 by metal type and date. Most of the ones we get are CU.
Image

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 8:18 pm
by highroller4321
They are sold by weight so no need to sepearte the years.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 8:49 pm
by Morsecode
'53-'79 bagged together

'80-'96 same

V's & VI's put aside, but not found often enough to matter.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 9:32 pm
by mtalbot_ca
By year until 1959.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 9:34 pm
by exbingoaddict
Aside from pulling a few King George V, no. Post George V, the cents are 98% CU until going steel in 1997. Only the weight of the cents have changed. Thefore, if your dealing in pounds, it makes no difference the years of the cents.

I'm sure somebody will correct me if I'm wrong.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 9:43 pm
by Z00
I would think that the future numi value would dictate that it would be wise to do so. Once the circulating supply starts to diminish this fall, the collectors will have to rely more on dealers just for circulated quality.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 9:52 pm
by henrysmedford
From http://www.budget.gc.ca/2012/themes/theme2-info-eng.html
Second, metals from existing pennies will be recycled for use in other products.
So if the Canadian government is going to melt them that make it harder to play Whitman bingo. There is a market for the later years , hole fillers go for .20-.30 right now http://coins.bidstart.com/Small-Cents-/2355/c.html so if you like to sort why not tube them. Also we tube and save all if are find and at 60+ roll it not worth selling them for weight as we have less than $100 face after pulling them over three years and will not make it to one CTU after the Canadian government starts to recycle them.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 9:57 pm
by hobo finds
I f I had a bunch why not sort by year? Who knows what will happen? Can the gov'mnt get rid of all one cent coins? What will happen if they do? :?:

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 9:57 pm
by hobo finds
I f I had a bunch why not sort by year? Who knows what will happen? Can the gov'mnt get rid of all one cent coins? What will happen if they do? :?:

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 10:15 pm
by henrysmedford
hobo finds wrote:I f I had a bunch why not sort by year? Who knows what will happen? Can the gov'mnt get rid of all one cent coins? What will happen if they do? :?:


Also the Canadian cent will sill be legal in Canada http://www.budget.gc.ca/2012/themes/theme2-info-eng.html
The penny will retain its value indefinitely and can continue to be used in payments.
so it will still be illegal for a Canadian to melt but a Canadian could ship them to the US to be melted but it would be costly to ship.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Thu Apr 05, 2012 10:23 pm
by penny pretty
yes I roll and mark 1980-96, 79 and under till george. coinflation has 80 and 81 higher than post 82, but so slightly I wont bother.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Fri Apr 06, 2012 8:58 am
by BCD11
Morsecode wrote:'53-'79 bagged together

'80-'96 same

V's & VI's put aside, but not found often enough to matter.


Same here.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Fri Apr 06, 2012 9:02 am
by exbingoaddict
henrysmedford wrote:So if the Canadian government is going to melt them that make it harder to play Whitman bingo. There is a market for the later years , hole fillers go for .20-.30 right now http://coins.bidstart.com/Small-Cents-/2355/c.html so if you like to sort why not tube them. Also we tube and save all if are find and at 60+ roll it not worth selling them for weight as we have less than $100 face after pulling them over three years and will not make it to one CTU after the Canadian government starts to recycle them.


There's listings at these prices but is anybody BUYING them at these prices? You see tons of junk boxes and folders at coin shows. That does't mean people are buying them though. Sure, I'll buy some hole fillers for dansco. But that dealer is not covering the costs of doing that show with my buying. I'll be the first to agree there's money to be made in junk numi coins but I don't know if the profit margin is worth the time.

If somebody wants to sort by year, by all means, go for it. I'm skeptical of future numismatic gains in ciruclated common cents. But that's just my two zinc cents.

Re: Is anyone separating Canadian pennies by year?

PostPosted: Fri Apr 06, 2012 1:05 pm
by Shifty51
No, I only seperate by metal composition...

Re: Is anyone separating Canadian pennies by year?

PostPosted: Sat Apr 07, 2012 9:00 am
by dpwozney
I separate Elizabeth II copper pennies into the following categories:

1953-1964 - 98% copper, 0.5% tin, 1.5% zinc, first EII portrait;

1965-1977 - 98% copper, 0.5% tin, 1.5% zinc, second EII portrait; and,

1978-1996 - 98% copper, 1.75% tin, 0.25% zinc.