Corsair wrote:Even though I live in the States, even if I were to call Up North home, I'd rather have the Lincoln penny. They might not all be as heavy, but they all are the same weight and composition; something I feel, down the line, will make selling much easier and much more convenient.
Diggin4copper wrote:i voted for Canadian, because I would not get in as much trouble for melting them in the US...
PennyPauper wrote:U.S coppers being all the same weight and composition is a good point. That is IMO the biggest drawback of the Canadian cent.
I just sorted out some Can. cents by year/comp 53-77,78-79,80-81,and1982-96. The older ones have been over3x face for awhile now,but the newer ones still have a bit to go. The 3% difference in copper may one day play a bigger role but for now isn't a factor. There is maybe more safety in Canadian currency if the U.S.dollar takes a big hit. Short term if the Canadian cent is killed you might have a scramble to horde them before the majority is removed by the banking system.
Very interesting to hear different opinions on the topic
beauanderos wrote:Diggin4copper wrote:i voted for Canadian, because I would not get in as much trouble for melting them in the US...
So... here's a question I haven't heard addressed before. Is it legal to turn Lincoln cents in to a Canadian smelter for sale to melt, conversely... is it legal to sell Canadian cents for melting to US smelters?
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