Save a little money by doing these diy projects. Why does the government want to get rid of the penny? Values of Canadian Cents with George VI. Many people don’t think about the penny, but the truth is, pennies have distinct advantages as an investment that are unique to themselves. Read my disclosure policy here. These old, large pennies come with a short, yet rich Canadian history. Before you say, "Keep the change," make sure you don't have one of these. The George VI Canadian Penny was struck by the Royal Canadian Mint from 1937 to 1952. First they are only 95% copper. Wednesday, 19 July 2017 0 Comments. Basically, what you need to do is: polish the pennies using a bowl and some Tarn-X. Last edited: Jun 24, 2019. 6 years ago. Pennies are not even worth what they’re worth. February 18, 2013 by Janice. Lv 6. Keep Canadian Copper Pennies Keep your Canadian pennies! Quote: Originally Posted by jnojr. Feb 7, 2014 - Explore Robin Cook's board "Stuff to do with Canadian pennies", followed by 144 people on Pinterest. 6 years ago. 1. Well, the jar is overflowing. What do you do with a good pocketful of Canadian pennies, dimes, and quarters? Canada Cents: George VI Canadian Penny Coin Values 1937 - 1952. If you find a place that won't take Canadian pennies, just do like I do. Canadian Penny Price List . Mar 31, 2012 - Explore Calgary Herald's board "What to do with your old pennies", followed by 1027 people on Pinterest. So I recently went through my jars of foreign coins and realized that I have about $25 worth of Canadian cents, nickels, dimes, and quarters (mostly cents and nickels). The Royal Canadian Mint stopped distributing pennies today. EDIT - apparently I am wrong on this, they were mostly steel. The only thing that has changed is they won’t be as active in the economy. Source: Royal Canadian Mint. For the past few years I have tossed Canadian change into a jar. Janice is co-founder of 5 Minutes For Mom. 1. Discussion in 'Coin Roll Hunting' started by furryfrog02, Oct 20, 2014. Canadian copper pennies have a higher copper content at 98%, the balance being zinc and tin. Then once the jar is getting pretty full and I am planning another trip to USA, I bring the jar with me to … For some reason I read pennies as penis... 1 0. Are Canadian Pennies Copper . She had me fill a card saying I had how many rolls. what do I do with my Canadian pennies? [ Related: The penny is gone, should we get rid of nickels too? Specifically copper pennies. Joshua McMorrow-Hernandez. Answer Save. The Fallen. 6 years ago. I'm pretty sure Canadian pennies were still fully copper (unlike the US and their copper coated nickel pennies), so they probably just melted them down. So why do we still make them? When the two-cent coin was discontinued, penny took over as the new one-cent coin's name. Penny Table. For example you can make awesome and cool floor with pennies. They are still legal tender in Canada. 1858-2018 Canadian 1-Cent Penny Coins issued by the Royal Canadian Mint for circulation. I asked her what to do with 26 remaining pennies, she took that too and added the 0.26 to my account as well. What to do with leftover pennies As of Monday, the Canadian penny is being officially phased out, but what does that mean for those who still have jars full the one-cent coin? Relevance. In Canada, a penny is a coin worth one cent, or 1 ⁄ 100 of a dollar.According to the Royal Canadian Mint, the official national term of the coin is the "one-cent piece", but in practice the terms penny and cent predominate. The Canadian Copper Penny Melt Value Calculator, located below, will help you find the total copper value and total copper content of your pre-1997 Canadian copper cents. 3 years ago. Moreover, pennies can still be used in cash transactions indefinitely with businesses that choose to accept them. The Royal Canadian Mint stopped producing and distributing pennies in Canada as of February 4, 2013 due to rising costs relative to face value and the significant handling costs of the penny for retailers, financial institutions and the economy in general. Prince Edward Island, Newfoundland one … See more ideas about penny, penny floor, done with you. The last Canadian penny was stamped out at the Royal Canadian Mint last May, the National Post reports. 04-10-2017, 09:58 AM BostonMike7 : 11,721 posts, read 12,764,275 times Reputation: 16136. The total amount of pennies produced in an average year weigh about 7,000 tonnes. Soul. What to do with older notes. About Janice. When I get home from trips to USA, I put all my American change into a jar reserved for US coins. In this particular case, Canadian Copper Pennies. Value Of Canadian Pennies. Without further ado, my Top 10 Rare Canadian Pennies! Coin News. In Canada, cents were made with copper through 1996, so the same opportunity is also available. Canadian copper pennies have a higher copper content at 98%, the balance being zinc and tin. If you wish to redeem your bank notes, the simplest way is to bring them to your financial institution. In general it takes more copper coins in Canada to equal one pound due to the light weight coins from 1982 to 1992 (the 12 sided coin). Keep them and start a foreign money collection. They are alloyed with sometimes just zinc; but sometimes tin and zinc making them high grade brass or semi-bronze. When I lived in San Diego there were money exchanges that would accept paper Mexican bills but not change. These copper pennies are just like the U.S. copper pennies: The copper metal value exceeds their Canadian face value by over 2.5x.The Canadian copper penny is made of 95% copper and 5% zinc, making it a great copper commodity investment. Canadian pennies , cents , whatever , from 1942 to 1996 the copper coin is made of up to 98% copper and is of minimum value of $.02 . I must've been misinformed. This post may contain affiliate links. Why should I save Copper Alloy cents/pennies? There are a ton of rare pennies out there just waiting to be found and they don't even need to be very old. You never know, one of your pennies could be worth the price of a nice dinner out — or maybe a whole lot more. So when you get home tonight, do yourself a favor and take a quick look at some of your old pennies. Just make sure you don’t get rid of any of the rare pennies on this list! what-to-do-with-canadian-pennies. Spend them in canada. what-to-do-with-canadian-pennies. I gave all my pennies to my bank teller rolled up in those dollar store paper things. This is because the copper penny (made of 95% copper and 5% zinc) is worth over 2x in its metal value than its face value.. What Should I Do With Canadian Coins? Important Dates To help consumers, businesses, charities and financial institutions to plan, a transition date of February 4, 2013 has been set after which the Royal Canadian Mint will no longer distribute pennies. How Do You Collect Canadian Pennies? Are Canadian Pennies Worth Anything Originally, "penny" referred to a two-cent coin. 20 Affordable DIY Ideas You Can Do With Pennies. Nickels will probably be next. 0 comments. and is no longer in production . You can make money off of pennies. Collectible large, small penny coin rolls, key dates and variety singles. Yes, you are going to need a lot of pennies for this one! Now the large pennies, I do like these a lot. Or, you can always decide to keep your notes. You can also send them to the Bank of Canada to redeem their value. Between the years 1876 and 1919, Canadian pennies were much larger than the pennies that people commonly use today. Nobody wants them, not even the Canadians. Most hobbyists approach collecting Canadian pennies as they would any coin series – usually either by type or date. 0 0. In case any of you are wondering what to do with your unwanted pennies, the banks will still accept them. 0 … Social Sharing Some 1982 and all prior years are made with 95% copper. Canada is ditching production of the penny, saying it costs more to make the coin than it’s worth. Do Canadian Banks Accept Pennies. What to do with all my Canadian coins? Alex. 10 Answers. They are about the size of a quarter, and are fun to collect. You could be sitting on a goldmine. See more ideas about Penny floor, Home diy, Vase project. Instead of keeping your saved pennies in a jar you can keep saving it in very interesting places. What Do You Do With Canadian Pennies. She's been working online since 2003 and is thankful her days are full of social media, writing and photography. Canadian Copper Pennies Ended . Anonymous. 25 Most Valuable Canadian Pennies. If you handed over 5 or 10 or 20 of them to a clerk, they would still be accepted the way they always have. So , technically I don’t even have to melt them down , just get them to the recycling plant and double your money. ? So what do you do with your pennies? If you don't have one of these "raised dot" pennies, worry not. Although they are made of only 95.5% copper, as opposed to the 98% in future years as we will see, they have a staggering weight of 5.67 grams, making them more than two times as heavy as the worthless modern steel and zinc pennies. That's what happened to Canadian pennies - we stopped making and using them years ago, we just round up or down. The historic penny was struck ceremoniously at the Winnipeg mint for Canada's currency museum in Ottawa, CTV News reported. Yes my grandparents saved a truckload of pennies in anticipation of … Dyle One Winged Slayer. 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