Im noticing a trend in my finds...

[treasurefiend]

I'm noticing a trend in my finds...

I have searched 3 penny boxes, so far I found 25 Wheaties and 21 Canadian coins. This just seems weird to me. Is this normal?

 

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[fistfulladirt]

Re: I'm noticing a trend in my finds...

Well, my wife tells me that CRHing is weird and is not normal. AMC

 

[BBcardsRI]

Re: I'm noticing a trend in my finds...

Yes that is common. Canadian cents are quite common in US change... though they are more common in certain areas than others. I'm in the northeast and I get a ton of them in my boxes.

~Dave

 

[jim4silver]

Re: I'm noticing a trend in my finds...

The trend in my finds is that they lack silver. Skunks are now the rule and good boxes are the exception. I will still continue like an addicted gambler though.

Jim

 

[BBcardsRI]

Re: I'm noticing a trend in my finds...

That a boy Jim! Travel on in the face of adversity! =)

~Dave

 

[MrBling]

Re: I'm noticing a trend in my finds...

In Florida it's common to get Canadian pennies in your change at businesses
They are passed off by cheap Canadians who come to our state to escape the frigid weather and socialized medicine of their homeland

 

[XX]

Re: I'm noticing a trend in my finds...

No one wants to take a loss.

Until 1996, they were 98% copper. Then Copper plated Zinc until 1999. Thus meaning that very few coin counters are even capable of discerning these from US pennies.

Once a canadian penny is introduced into US circulation, it will continue until either it's thrown away, or someone returns it to Canada.

 

[jim4silver]

Re: I'm noticing a trend in my finds...

No one wants to take a loss.

Until 1996, they were 98% copper. Then Copper plated Zinc until 1999. Thus meaning that very few coin counters are even capable of discerning these from US pennies.

Once a canadian penny is introduced into US circulation, it will continue until either it's thrown away, or someone returns it to Canada.

Not long ago the Candian dollar was worth more than ours. I suspect that trend may continue. Some banks will exchange foreign currency for you I believe.

Jim

 

[BBcardsRI]

Re: I'm noticing a trend in my finds...

Yes they will Jim, but I have yet to find a bank that will exchange CHANGE. They only deal in fiat around here.

~Dave

 

[jim4silver]

Re: I'm noticing a trend in my finds...

Yes they will Jim, but I have yet to find a bank that will exchange CHANGE. They only deal in fiat around here.

~Dave

That's too bad. I don't collect pennies so I never have to deal with this issue myself.

Jim

 

[XX]

Re: I'm noticing a trend in my finds...

Yes they will Jim, but I have yet to find a bank that will exchange CHANGE. They only deal in fiat around here.

~Dave

On top of that, they charge a fee coming AND going. You would need quite the premium for the canadian dollar before it becomes profitable to honestly exchange canadian for american (and vice versa).

 

[markmopar]

Re: I'm noticing a trend in my finds...

I was thinking of selling all my Canadian change to someone north of the border at a discount, say $75 for $100 Canadian.

 

[Sheldius]

Re: I'm noticing a trend in my finds...

Is it illegal to melt Canadian pennies like it is to melt US ones (up there, of course -- once they are here we can do whatever we want). Considering how much $25 to $50 of US coppers go for on ebay, these should be more. They can actually be used for scrap. Nickels would be the same way for those before they changed to nonnickel nickels.

 

[BBcardsRI]

Re: I'm noticing a trend in my finds...

Good question... it was asked months ago when copper was high but we never got a definitive answer.

Any canadians on here handy with coin laws? =)

~Dave

 

[GMan00001]

Re: I'm noticing a trend in my finds...

Good question... it was asked months ago when copper was high but we never got a definitive answer.

Any canadians on here handy with coin laws? =)

~Dave

I believe it would be legal to melt Canadian coins in the US as doesn't break any US laws and those are the only ones that would apply.
Similarly, I believe it is legal to melt US coins in Canada as it doesn't break any Canadian laws.

Now is it legal to melt Canadian coins in Canada....no idea.

 

[BBcardsRI]

Re: I'm noticing a trend in my finds...

I think that was his initial question Gman.

And I would LOVE an answer to it. I'm quite curious if they took after us, or if we took after them, or if it is still legal there to mely coinage.

~Dave

 

[Sheldius]

Re: I'm noticing a trend in my finds...

Good question... it was asked months ago when copper was high but we never got a definitive answer.

Any canadians on here handy with coin laws? =)

~Dave

I believe it would be legal to melt Canadian coins in the US as doesn't break any US laws and those are the only ones that would apply.
Similarly, I believe it is legal to melt US coins in Canada as it doesn't break any Canadian laws.

Now is it legal to melt Canadian coins in Canada....no idea.

But I think it is also illegal to move large quantities of US pennies/nickels out of the US (put in place at same time as melt ban). To bad no one knows about the melting in Canada.

If I got alot of Canadian coins here, I guess I'd try to scrap/ebay them.

HH.

 

[BBcardsRI]

Re: I'm noticing a trend in my finds...

Yea... its like $100 in coinage or something that is the maximum to transport over the border.

I ran across it somewhere but don't remember where.

~Dave