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