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I found Canadian copper at a .8 face!!!

PostPosted: Sat Nov 17, 2012 5:51 pm
by henrysmedford
Last week I found the the LCS buys Canadian coins at .6 and sells Canadian at a .8 so I asked id the had any cents and they had $3.85 face and it mostly copper. And we got four king George the 5th.
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Re: I found Canadian copper at a .8 face!!!

PostPosted: Sun Nov 18, 2012 11:20 am
by HoardCopperByTheTon
That's the best price I have seen on Canadian copper in a long time. Congrats! :mrgreen:

Re: I found Canadian copper at a .8 face!!!

PostPosted: Sun Nov 18, 2012 2:24 pm
by cesariojpn
80 cents per coin? Dude, you got ripped off.

Re: I found Canadian copper at a .8 face!!!

PostPosted: Sun Nov 18, 2012 3:47 pm
by henrysmedford
cesariojpn wrote:80 cents per coin? Dude, you got ripped off.

.8 or $1 face for 80 cents

Re: I found Canadian copper at a .8 face!!!

PostPosted: Sun Nov 18, 2012 6:44 pm
by scyther
That's an extremely good price. If I could get them at 1 cent each I'd buy as many as possible... I guess it just didn't occur to them that they were copper...

Re: I found Canadian copper at a .8 face!!!

PostPosted: Sun Nov 18, 2012 6:47 pm
by henrysmedford
scyther wrote:That's an extremely good price. If I could get them at 1 cent each I'd buy as many as possible... I guess it just didn't occur to them that they were copper...


I think at the coin shop they make most there money on silver and gold sales.

Re: I found Canadian copper at a .8 face!!!

PostPosted: Mon Nov 19, 2012 7:10 am
by scyther
henrysmedford wrote:
scyther wrote:That's an extremely good price. If I could get them at 1 cent each I'd buy as many as possible... I guess it just didn't occur to them that they were copper...


I think at the coin shop they make most there money on silver and gold sales.

Sure, but that's no reason to sell other stuff way below the market rate.

Re: I found Canadian copper at a .8 face!!!

PostPosted: Wed Nov 21, 2012 10:09 pm
by thripp
That's great, the Canadian dollar is at parity with the U.S. dollar so they're worth 25% more than you paid without even considering the copper value.