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Canadian cents

chumleychumley Posts: 2,305 ✭✭✭✭
in Precious Metals
couple of years ago,Canada stopped making cents.Now,neither US nor Canadian banks will accept them.Does that mean that Canadian cents can now be melted?

Comments

  • ashelandasheland Posts: 23,183 ✭✭✭✭✭
    I would think so. But some are steel.

    My YouTube Channel

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I did not realize that Canadian banks would no longer accept their cents... interesting. Cheers, RickO
  • tneigtneig Posts: 1,505 ✭✭✭
    Make cents to me.



    I'd like to hear some stories of individuals melting them and whether it was worth it or not.
    COA
  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭
    I have a Canadian customer who comes here once a year for all of my CA cents that come in.
    I have about 7500 set aside for him for next year already.

    *they sell for more than the melt value, if you can get quantity of them together.
  • johnny9434johnny9434 Posts: 28,300 ✭✭✭✭✭
    Originally posted by: ricko
    I did not realize that Canadian banks would no longer accept their cents... interesting. Cheers, RickO


    neither did i.
  • ShadyDaveShadyDave Posts: 2,195 ✭✭✭✭✭
    Originally posted by: johnny9434

    Originally posted by: ricko

    I did not realize that Canadian banks would no longer accept their cents... interesting. Cheers, RickO




    neither did i.




    Same and they only stopped producing cents in 2013. I'd still think that they are legal tender....





    Chumley- If you are living in the US, I wouldn't be worried about Trudeau looking for you if you decide to experiment. image
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