Canadian Penny

[WheatWaffle]

Since the canadian penny being discontinued in 2012, what do you guys think the value will be worth for one in 50 years?

 

[boristhespider88]

Seeing as how we can't see into the future and the time travelling DeLorean is in the shop right now, the best answer is probably... at least a cent (or whatever someone will pay for it!).

http://www.treasurenet.com/forums/coin-roll-hunting/289581-canada-scraps-penny.html

http://www.treasurenet.com/forums/coins/356741-now-canada-has-begun-phasing-out-penny.html

http://www.treasurenet.com/forums/coin-roll-hunting/363284-canadian-penny-hunting.html

And that's just my 2 Canadian cents.

- DS

 

[cleeent]

Just like anything else, when something is removed from circulation the hoarding begins. With that said the metal value will always be there and the high grade coins will fetch the real money. So, if you can put together a collection of high grade coins and can wait for the prices to rise your all set. So in 50 years who knows. I did just see a beautiful 1909S VDB (MS62+) sell for almost $2,000 last night on ebay. So between .03-$2,000 is my guess.

 

[MIhunter]

Since the canadian penny being discontinued in 2012, what do you guys think the value will be worth for one in 50 years?

If you go back to 50yrs to the 1963 Canadian penny you have a coin that is worth face value unless it is mint condition.
But that is with people being about to buy rolls of coin from the bank and search for older pennies. Unknown what the future will hold.
I still find Canadian 1 cent coins in my American penny boxes and CWR at an average rate of 1 Canadian per roll.

 

[Citiboy289]

I would advise anyone to get a set of them and than stash it away There are 3 Key coins in the set from the 20's the rest I obtained from circulation when I lived in Northern NY also look into a nickel set