6 years ago. Then once the jar is getting pretty full and I am planning another trip to USA, I bring the jar with me to … Wednesday, 19 July 2017 0 Comments. 0 0. Specifically copper pennies. If you find a place that won't take Canadian pennies, just do like I do. If you wish to redeem your bank notes, the simplest way is to bring them to your financial institution. 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 . When the two-cent coin was discontinued, penny took over as the new one-cent coin's name. So , technically I don’t even have to melt them down , just get them to the recycling plant and double your money. In this particular case, Canadian Copper Pennies. Canadian copper pennies have a higher copper content at 98%, the balance being zinc and tin. What to do with all my Canadian coins? Feb 7, 2014 - Explore Robin Cook's board "Stuff to do with Canadian pennies", followed by 144 people on Pinterest. Quote: Originally Posted by jnojr. Between the years 1876 and 1919, Canadian pennies were much larger than the pennies that people commonly use today. and is no longer in production . Instead of keeping your saved pennies in a jar you can keep saving it in very interesting places. Anonymous. Some 1982 and all prior years are made with 95% copper. Keep them and start a foreign money collection. The total amount of pennies produced in an average year weigh about 7,000 tonnes. Canada is ditching production of the penny, saying it costs more to make the coin than it’s worth. Why does the government want to get rid of the penny? 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.. Many people don’t think about the penny, but the truth is, pennies have distinct advantages as an investment that are unique to themselves. You can also send them to the Bank of Canada to redeem their value. what-to-do-with-canadian-pennies. In case any of you are wondering what to do with your unwanted pennies, the banks will still accept them. 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. They are still legal tender in Canada. 6 years ago. Discussion in 'Coin Roll Hunting' started by furryfrog02, Oct 20, 2014. Yes, you are going to need a lot of pennies for this one! 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. 0 … First they are only 95% copper. what do I do with my Canadian pennies? So what do you do with your pennies? They are about the size of a quarter, and are fun to collect. Collectible large, small penny coin rolls, key dates and variety singles. 0 comments. Spend them in canada. Nickels will probably be next. The Royal Canadian Mint stopped distributing pennies today. You could be sitting on a goldmine. 20 Affordable DIY Ideas You Can Do With Pennies. 10 Answers. What Should I Do With Canadian Coins? Keep Canadian Copper Pennies Keep your Canadian pennies! 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). For example you can make awesome and cool floor with pennies. 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. Are Canadian Pennies Copper . When I get home from trips to USA, I put all my American change into a jar reserved for US coins. For the past few years I have tossed Canadian change into a jar. I gave all my pennies to my bank teller rolled up in those dollar store paper things. Well, the jar is overflowing. The only thing that has changed is they won’t be as active in the economy. Originally, "penny" referred to a two-cent coin. Yes my grandparents saved a truckload of pennies in anticipation of … This post may contain affiliate links. [ Related: The penny is gone, should we get rid of nickels too? So why do we still make them? Pennies are not even worth what they’re worth. Now the large pennies, I do like these a lot. Nobody wants them, not even the Canadians. These old, large pennies come with a short, yet rich Canadian history. Penny Table. Page 1 of 2 1 2 Next > furryfrog02 Well-Known Member. That's what happened to Canadian pennies - we stopped making and using them years ago, we just round up or down. If you handed over 5 or 10 or 20 of them to a clerk, they would still be accepted the way they always have. 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. Are Canadian Pennies Worth Anything Alex. Most hobbyists approach collecting Canadian pennies as they would any coin series – usually either by type or date. 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? The George VI Canadian Penny was struck by the Royal Canadian Mint from 1937 to 1952. The last Canadian penny was stamped out at the Royal Canadian Mint last May, the National Post reports. Canadian Copper Pennies Ended . For some reason I read pennies as penis... 1 0. What to do with older notes. 6 years ago. 3 years ago. See more ideas about penny, penny floor, done with you. Social Sharing What do you do with a good pocketful of Canadian pennies, dimes, and quarters? 1. You never know, one of your pennies could be worth the price of a nice dinner out — or maybe a whole lot more. Mar 31, 2012 - Explore Calgary Herald's board "What to do with your old pennies", followed by 1027 people on Pinterest. Dyle One Winged Slayer. Janice is co-founder of 5 Minutes For Mom. So when you get home tonight, do yourself a favor and take a quick look at some of your old pennies. Relevance. what-to-do-with-canadian-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. She had me fill a card saying I had how many rolls. Answer Save. What Do You Do With Canadian Pennies. Without further ado, my Top 10 Rare Canadian Pennies! Before you say, "Keep the change," make sure you don't have one of these. In Canada, cents were made with copper through 1996, so the same opportunity is also available. See more ideas about Penny floor, Home diy, Vase project. Lv 6. Move the pennies around until they become nice and shiny. 1936 Dot Penny Image courtesy of Heritage Auctions Just make sure you don’t get rid of any of the rare pennies on this list! Save a little money by doing these diy projects. 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. About Janice. Coin News. The designer of this coin was T. H. Paget. Joshua McMorrow-Hernandez. 1. I must've been misinformed. You can make money off of pennies. When I lived in San Diego there were money exchanges that would accept paper Mexican bills but not change. Moreover, pennies can still be used in cash transactions indefinitely with businesses that choose to accept them. The Fallen. Last edited: Jun 24, 2019. Soul. 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. These large pennies have a character in my mind that is unmatched by other coins in that they are a penny, and pennies don’t cost a great deal of money. EDIT - apparently I am wrong on this, they were mostly steel. 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. Or, you can always decide to keep your notes. They are alloyed with sometimes just zinc; but sometimes tin and zinc making them high grade brass or semi-bronze. Values of Canadian Cents with George VI. 1858-2018 Canadian 1-Cent Penny Coins issued by the Royal Canadian Mint for circulation. 04-10-2017, 09:58 AM BostonMike7 : 11,721 posts, read 12,764,275 times Reputation: 16136. ? The historic penny was struck ceremoniously at the Winnipeg mint for Canada's currency museum in Ottawa, CTV News reported. Why should I save Copper Alloy cents/pennies? She's been working online since 2003 and is thankful her days are full of social media, writing and photography. Canadian Penny Price List . Source: Royal Canadian Mint. Prince Edward Island, Newfoundland one … If you don't have one of these "raised dot" pennies, worry not. How Do You Collect Canadian Pennies? Canada Cents: George VI Canadian Penny Coin Values 1937 - 1952. 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). February 18, 2013 by Janice. Canadian copper pennies have a higher copper content at 98%, the balance being zinc and tin. Read my disclosure policy here. I asked her what to do with 26 remaining pennies, she took that too and added the 0.26 to my account as well. 25 Most Valuable Canadian Pennies. Do Canadian Banks Accept Pennies. Basically, what you need to do is: polish the pennies using a bowl and some Tarn-X. Value Of Canadian Pennies. The last Canadian penny was stamped out at the Winnipeg Mint for circulation 1-Cent Coins... Is thankful her days are full of social media, writing and photography Canadian change into a jar dot pennies. 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