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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.

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  3. #2
    Charter Member
    us
    Nov 2010
    NJ Pine Barrens
    Minelab E-Trac, Pro Pointer
    3,665
    1296 times
    Metal Detecting
    Was it ever illegal to melt foreign coins in the United States?

  4. #3
    us
    Jan 2012
    Maryland
    White's Coinmaster
    5,781
    630 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.

    Quote Originally Posted by Edmund Burke
    The only thing necessary for the triumph of evil is for good men to do nothing.

 

 

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