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  1. #1
    us
    Apr 2012
    Gladstone MI
    Whites VX3
    80
    8 times
    All Types Of Treasure Hunting

    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.

  2. #2
    us
    Nov 2010
    NJ Pine Barrens
    E-Trac, T2
    4,170
    1510 times
    Metal Detecting
    Was it ever illegal to melt foreign coins in the United States?

  3. #3
    us
    Jan 2012
    Maryland
    White's Coinmaster
    5,834
    641 times
    Coin Roll Hunting
    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.

 

 

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