What is it like in Canada now with the penny gone?

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Re: What is it like in Canada now with the penny gone?

Postby ZenOps » Sat Mar 02, 2013 2:37 pm

Nope, no more pennies at all.

http://www.mint.ca/store/coin/uncircula ... rod1620013

Its pretty messed up allright. The 50 cent piece now weighs just as much as the Toonie (6.9 grams vs 6.92 grams) and none of the coins contains more than 2.2% nickel anymore. The entire mint set is basically iron, with only the centre part of the Toonie being of any intrinsic value, containing about a pennies worth of aluminum bronze.

If you look at it from a intrinsic value perspective, the penny is still there, it just the center of the iron Toonie and labelled as $2.

And I thought we were the worlds largest producer of nickel? I'm pretty sure I remember that from grade school, hah!
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Re: What is it like in Canada now with the penny gone?

Postby henrysmedford » Sat Mar 02, 2013 6:10 pm

Got a Canadian ender roll today. :mrgreen:
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Re: What is it like in Canada now with the penny gone?

Postby MetalJunkie » Sat Mar 02, 2013 6:41 pm

^^^but is it a copper? =D
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Re: What is it like in Canada now with the penny gone?

Postby henrysmedford » Sat Mar 02, 2013 7:20 pm

MetalJunkie wrote:^^^but is it a copper? =D


I do not know it going on Ebay. :mrgreen:
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Re: What is it like in Canada now with the penny gone?

Postby Numis Pam » Sun Mar 03, 2013 12:21 am

henrysmedford wrote:
MetalJunkie wrote:^^^but is it a copper? =D


I do not know it going on Ebay. :mrgreen:



LOL.... good call...I will watch for it. ;) :thumbup:
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Re: What is it like in Canada now with the penny gone?

Postby JerrySpringer » Wed Mar 06, 2013 11:32 am

The Canadian pennies have gone to Ebay. Wonder if the market can get saturated with auctions like this:

http://www.ebay.com/itm/10-pounds-Canad ... 337e94206f

Probably not easy to saturate so much as Canadian pennies come by drips and drabs here in New England. Pretty much sure Canadian pennies seldom show up in most southern states except maybe Florida :D .

If anything encourages holding onto Canadian pennies, auctions like the one above do.
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