Canadian Pennies?

Discussion in 'Coin Chat' started by turbotim88, May 22, 2016.

  1. turbotim88

    turbotim88 New Member

    I think i missed the "memo" on the Canadian cents. I understand they're no longer producing them. So, should we be collecting/saving them now, for any value? Just wondering. Thanks
     
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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Do they call them Pennies in Canada also? oh Lord :(
     
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  4. gibsport

    gibsport Active Member

    I'm not sure of the copper content on these cents. I really only keep the 1920's and early 1930's. I just think I can find something to save that has a better chance to increase in value.
     
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  5. turbotim88

    turbotim88 New Member

     
  6. turbotim88

    turbotim88 New Member

    OK, cents!!!!!!!!
     
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  7. Kentucky

    Kentucky Supporter! Supporter

  8. Insider

    Insider Talent on loan from...

    Hummm, that's a trivia good question. I have no answer. Was there actually a nation called Canada in the 1850's and do tokens qualify in the discussion about denominations. Any one know for sure?
     
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  9. Kentucky

    Kentucky Supporter! Supporter

    I know someone else knows more about this than I do, but it does seem curious that Great Britain has "Pennies" and the colonies here have "cents". Common for the rest of the "Empire". (Consider those " " air quotes...better than emoticons:happy:)
     
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  10. Bill in Burl

    Bill in Burl Collector

    Both Canada and the US have "cents", because they are officially 1/100 of a dollar. The Brits had pennies because theirs was based on the pound. The terms got interchanged/intermingled over 150 years ago (about when large cents became small cents). In Canada, the official term is "cents" and traditionalists are revolted by the term "penny".

    The Canadian pre-confederation tokens were essentially the same size (both pennies and half pennies) as the Brits, so they all say "penny" on them. Once the Royal Mint in London started minting Canadian coinage in 1858, the term "cent" came into being for Canucks in the interest of US cross-border transactions and their coinage was based on the "dollar". At that time, Canada was merely a Province of Britain .. in 1867, Canada became its own country, but London continued striking their coins until 1908..
     
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