Question for Canadian Penny hoarders.

[brexzz1]

Hello,

This is my first post.

I have a question for Canadians.

When hoarding your pennies. Do you separate based on the dates below. Or do you store all pennies up to 1996 the same way?

thanks in advance for your response.

1942 - 1977 Cent * $0.01 $0.0290056
1978 - 1979 Cent ** $0.01 $0.0289172
1980 - 1981 Cent ** $0.01 $0.0249902
1982 - 1996 Cent ** $0.01 $0.0223124

[henrysmedford]

Are you saving them to sell for scrap then dump them all together. TXBullion is Currently Buying Canadian Copper at $3.00 per pound shipped to him!!!! See-- http://realcent.org/viewtopic.php?f=7&t=7424#p71713 .

We live in the States and save all of them 1920 to date in tubes by date and type some of the steel ones are rare. I think the Canadian cent is on the way out so I think that they might be wort more to a collector at that point.
We have found all of them for the Whitman folder see http://realcent.org/viewtopic.php?f=16&t=1639&hilit=+hole still need the 36 dot.

PS welcome to the group!

[Morsecode]

I bag them this way generally:

80 - 96
53 - 79
KG VI
KG V

But I have some set aside as they came to me in sub-sets, such as KG VI 50 - 52, QE II 53 - 56

[mtalbot_ca]

Hi there,

All 1960-1996 in one pile.

Pre-1960, kept aside for future numismatic value.

Welcome on hoard.... I meant on board.

Cheers,

[frugalcanuck]

I put '64 and before in one pile and '65 to '96 in another.

I think when Im old the pre '65 might be worth more than melt. Like wheats.

[psi]

I used to set aside the 53-64 young elizabeths and 67 centennials but lately I haven't really been bothering unless they're in really good shape. Looking at the mintages, anything before about 1962 is probably worth saving though.

[brexzz1]

I plan on selling them for scrap at some point. So just combine them all together?

Anyone know what important dates for Canadian pennies that might have numismatic values?

[JerrySpringer]

I plan on selling them for scrap at some point. So just combine them all together?

Anyone know what important dates for Canadian pennies that might have numismatic values?

Eventually, an unsearched bag of Candian pre-1980 cents will have more premium than just melt value? Not unlike a collector readily buying an old-timers collection of US cents that might have some rarer wheats, an unsearched Canadian hoard might some day yield harder to find queen versions. Who knows though. I can envision a melt ban lift stirring up enough secondary and lower level market action that much like we have a cash4gold scenario currently, we'd have a cash4copper band wagon. And a lot of copper coins would get melted without a second's thought of their mintage numbers. The fact that we still have silver coins surfacing in rolls and pocket change return should be evidence that few would even consider copper coins worthy of double checking before sending them off to the cash4copper (c4c) crowd.

[brexzz1]

True. But how many silver quarters from the 40's 50' and 60's are worth more than there melt value?

[uthminsta]

I am a collector, so my answer is biased by that. But I sort all mine by obverse. And I mark the bags (or rolls):
G5 (1920-36)
G6 (1937-52)
Q1 (1953-64)
Q2 (1965-89)
CROWNS (1990-2003)
OLD (2003-present)
This also makes it fun for my daughters to help me, because what 6-year-old PRINCESS doesn't want to look at pictures of a QUEEN?

[TXBullion]

I plan on selling them for scrap at some point. So just combine them all together?

Anyone know what important dates for Canadian pennies that might have numismatic values?

keep them all together, pull any and all kings as you will get more than melt on them...

[JadeDragon]

If its a copper queen it goes in the bucket. No point sorting by date/weight/size. If its a king it goes in another bucket.

[fansubs_ca]

up to 1981 in one bucket as they all looked the same, the difference is not visually obvious.
1982-1996 in annother
US copper in a 3rd bucket

Since I hand sort it really doesn't take extra time compared to one big copper bucket.

Still have us zinc and cdn zinc buckets, was hoping zinc would keep going up too so I've only
dumped steel core pennies so far. That hasn't panned out as well.

[dpwozney]

I don’t consider myself to be a “hoarder” of copper pennies, but I do “save” or “store” copper pennies that I find in circulation.

I sort the Elizabeth II copper pennies that I find 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.