Canadian pennies for double face?

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Canadian pennies for double face?

Postby bankmining » Thu Jul 26, 2018 10:51 pm

https://abbotsford.craigslist.ca/clt/d/ ... 75662.html

Are Canadians buying boxes of unsearched pennies for this much?
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Re: Canadian pennies for double face?

Postby Recyclersteve » Fri Jul 27, 2018 6:45 pm

You might want to send a private message to JadeDragon, who is in the Vancouver area, and is one of the moderators on this site. Could that be him selling the pennies? I don't know.
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Re: Canadian pennies for double face?

Postby bankmining » Fri Jul 27, 2018 9:42 pm

I did think about him, although I thought he might live south of the city, closer to the border. I think he has a US P.O. box and bank account and crosses the border frequently. It is possible it's him.
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Re: Canadian pennies for double face?

Postby mtalbot_ca » Sat Aug 18, 2018 11:18 am

I used to purchase 2x and I was reselling them for 3x.
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Re: Canadian pennies for double face?

Postby bankmining » Sat Aug 18, 2018 3:07 pm

mtalbot_ca wrote:I used to purchase 2x and I was reselling them for 3x.


Nice!
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Re: Canadian pennies for double face?

Postby Robarons » Sat Aug 18, 2018 5:46 pm

mtalbot_ca wrote:I used to purchase 2x and I was reselling them for 3x.



Are those prices for all pennies or just the copper ones? And is there still a market for them?
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Re: Canadian pennies for double face?

Postby misteroman » Sat Aug 18, 2018 11:26 pm

I have a few buckets of Canadian pennies. Would love to see 2x in the near future!!!!!
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Re: Canadian pennies for double face?

Postby Recyclersteve » Sun Aug 19, 2018 3:06 am

Robarons wrote:
mtalbot_ca wrote:I used to purchase 2x and I was reselling them for 3x.



Are those prices for all pennies or just the copper ones? And is there still a market for them?


I'm wondering the same thing- was that for coppers or all pennies lumped together? Also, what about the Farewell Cents (2012)- is there much of a market for them?
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
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Re: Canadian pennies for double face?

Postby mtalbot_ca » Sun Aug 19, 2018 7:35 am

mtalbot_ca wrote:I used to purchase 2x and I was reselling them for 3x.


This was mainly for 1960-2012 mix unsorted and loose. I believe that there is still a market for them but closing fast as with anything...when there is no supply then the demand dries out especially when you are talking about hobbies.
Last edited by mtalbot_ca on Sun Aug 19, 2018 7:39 am, edited 2 times in total.
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Re: Canadian pennies for double face?

Postby mtalbot_ca » Sun Aug 19, 2018 7:36 am

Recyclersteve wrote:
Robarons wrote:
mtalbot_ca wrote:I used to purchase 2x and I was reselling them for 3x.



Are those prices for all pennies or just the copper ones? And is there still a market for them?


I'm wondering the same thing- was that for coppers or all pennies lumped together? Also, what about the Farewell Cents (2012)- is there much of a market for them?


The farewells were mixed in. Only in special rolls .... they do bring a premium.
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Re: Canadian pennies for double face?

Postby Cu Penny Hoarder » Fri Aug 24, 2018 12:47 pm

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Last edited by Cu Penny Hoarder on Mon Oct 22, 2018 4:26 pm, edited 1 time in total.
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Re: Canadian pennies for double face?

Postby mtalbot_ca » Mon Aug 27, 2018 5:57 am

Taken from: http://www.coinsandcanada.com/coins-pri ... -1953-1964 (prices in canadian dollars)

Variety MS-60 MS-62 MS-63 MS-64 MS-65 MS-66 MS-67
1964 $0.25 $1.05 $1.90 $9.30 $25.30 $50.80 -
1964 - Extra spine $1.95 $7.60 $13.20 $32.20 $180 - -
1964 - Hanging 4 $1.00 $6.70 $8.80 $19.60 $52.00 $61.00 -
1964 - Double Hanging 4 $1.00 $6.00 $8.80 $18.30 $88.20 - -
1964 - Missing G $5.90 $25.90 $32.30 $52.80 $150 - -
1964 - Missing MG $4.40 $19.80 $22.50 $45.80 $160 - -
1964 - Dot $110 $270 $420 $740 $1,470 - -
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Re: Canadian pennies for double face?

Postby Cu Penny Hoarder » Mon Aug 27, 2018 5:57 pm

mtalbot_ca wrote:Taken from: http://www.coinsandcanada.com/coins-pri ... -1953-1964 (prices in canadian dollars)

Variety MS-60 MS-62 MS-63 MS-64 MS-65 MS-66 MS-67
1964 $0.25 $1.05 $1.90 $9.30 $25.30 $50.80 -
1964 - Extra spine $1.95 $7.60 $13.20 $32.20 $180 - -
1964 - Hanging 4 $1.00 $6.70 $8.80 $19.60 $52.00 $61.00 -
1964 - Dbl Hanging 4 $1.00 $6.00 $8.80 $18.30 $88.20 - -
1964 - Missing G $5.90 $25.90 $32.30 $52.80 $150 - -
1964 - Missing MG $4.40 $19.80 $22.50 $45.80 $160 - -
1964 - Dot $110 $270 $420 $740 $1,470 - -



Would take me years to sort through 36,000 pennies. The neck and eye strain would be beyond belief!
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Re: Canadian pennies for double face?

Postby Cu Penny Hoarder » Sat Sep 01, 2018 4:34 pm

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Re: Canadian pennies for double face?

Postby mtalbot_ca » Sun Sep 02, 2018 5:56 am

Nice! I would take a sample from each bag, maybe 100 coins, and try to see if I get any varieties or if any coins have MS-65 potential.
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Re: Canadian pennies for double face?

Postby johnbrickner » Sun Sep 02, 2018 6:41 am

Candy. Shiny, shiny candy. Me want! <insert cookie monster like smilie here>.
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Re: Canadian pennies for double face?

Postby Cu Penny Hoarder » Sun Sep 02, 2018 8:27 am

mtalbot_ca wrote:Nice! I would take a sample from each bag, maybe 100 coins, and try to see if I get any varieties or if any coins have MS-65 potential.


Good idea. I only opened that one bag. The other bags have their RCM seals intact. I searched Ebay and I could not find any Canadian pennies (post 1945) that have been graded by PCGS. I did see a few by NGC, but not many.
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Re: Canadian pennies for double face?

Postby TheJonasCollegeFund » Wed Sep 12, 2018 2:18 pm

Cu Penny Hoarder wrote:
Cu Penny Hoarder wrote:A few years ago I bought 6 unopened RCM $60 bags of 1964 Canadian pennies for $100 a piece. That is 36,000, MS condition 1964 pennies. Wonder what they are worth individually?


Here they are...

Checked each one for errors????
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Re: Canadian pennies for double face?

Postby Mercuryman » Wed Sep 12, 2018 6:44 pm

DROOL.... I am curious to know what these would go for in MS condition
Check this out : https://www.ebay.com/itm/RARE-CANADA-ON ... 7675.l2557

Imagine if you had 36,000 of those
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Re: Canadian pennies for double face?

Postby Recyclersteve » Thu Sep 13, 2018 1:31 am

Mercuryman wrote:DROOL.... I am curious to know what these would go for in MS condition
Check this out : https://www.ebay.com/itm/RARE-CANADA-ON ... 7675.l2557

Imagine if you had 36,000 of those


If anyone had anywhere near 36,000 of them they wouldn't be rare or worth nearly as much money.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
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Re: Canadian pennies for double face?

Postby Mercuryman » Thu Sep 13, 2018 5:50 am

Recyclersteve wrote:
Mercuryman wrote:DROOL.... I am curious to know what these would go for in MS condition
Check this out : https://www.ebay.com/itm/RARE-CANADA-ON ... 7675.l2557

Imagine if you had 36,000 of those


If anyone had anywhere near 36,000 of them they wouldn't be rare or worth nearly as much money.



I would slowly sell them through different avenues. Yes it would lower the price. Still would hold some value if he didn't dump them all at once. Would love to see a picture of one of the cons.
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