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  1. May 27, 2012, 02:07 AM
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    dmaki1988
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    Canadian Pennies

    Hello i had a question or two about are neighbors to the north, i herd that Canada stopped production of the penny. well I'm a penny saver and i live in the U.P and i get a lot of Canadian coins found in circulation. i was just wondering if it was legal to actually melt them now.
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  3. May 27, 2012, 11:35 AM #2
    jerseyben
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    Was it ever illegal to melt foreign coins in the United States?
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  4. May 27, 2012, 10:14 PM #3
    sagittarius98
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    Quote Originally Posted by jerseyben View Post
    Was it ever illegal to melt foreign coins in the United States?
    Never
    1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.

    “The only thing necessary for the triumph of evil is for good men to do nothing.”
    ― Edmund Burke
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