Canadian coins

[Goes4ever]

I asked this several times in other posts, and no one has gave me an answer, why do some people keep Canadian coins? I try to get rid of them, the bank won't take em back, the coin counter normally kicks em back out, so I take em to walmart and spend em

 

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[Hydrantman]

I just add them to my collection of foreign coins.

 

[Codes]

I save mine because you never know when the USD is going to hit rock bottom. At least I'll be worth something with the little Canadian money I have.

 

[jewelerdave]

They are nice if you happen to travel. Also, with the dollar going down faster than some women I know. It never hurts to have some. The Canadian Dollar is in a position to outdo the dollar in the long run at current. Consider it a hedge against inflation.

 

[stoneseeker2003]

I usually set them aside, call the CSM over and buy them!lol.

Saving them for the Grandson.
Ya know where I work . I get all kinds of goodies in my till.
Trouble with being on this Forum..... my IHP has dropped,lol, coz when that drawer pops open, man o man! I'm lookin for silver and Canadian. BUT I LOVE IT!!!
Found a couple of Silver certs, sent one to Jeffro as a thank you.
Mags

 

[GMan00001]

I asked this several times in other posts, and no one has gave me an answer, why do some people keep Canadian coins? I try to get rid of them, the bank won't take em back, the coin counter normally kicks em back out, so I take em to walmart and spend em

Not sure whose posts I've answered on this exact question, but I know I have answered it at least 3 times, but here goes....again.

1) Because they can
2) Beacuse Canadian coins are different from standard US coinage (assuming the coins were found in the US) and therefore seem different, some people like to collect different or unique
3) Some people collect Canadian and US coins. I am one of those people. Living in a border state, I tend to get a decent number of Canadian coins.
4) There is no ban on melting Canadian coins in the US that I know of.
5) See #1

I have so far just been throwing most of my Canadian coins in containers sorted by denomination, but once I finally go through them and take inventory I probably won't keep all that I have and just slowly start trickling them back into circulation.


Also note that most banks will take them back, just not intentionally. I find most of my Canadian coins in bags from the coin machine. Seems to be a higher percentage than what I get in boxes so the rolling company also must remove some of them during the counting and rolling process. Some coin machines reject more foreign coins than others, just depends on how strong their magnet is and the machine's sensitivity to coin weight and size.

 

[jewelerdave]

in the Movie Deuce Bigalow Male Gigolo he states that he Collects Canadian Quarters, I think he said he had like 6 of them, check it out!

 

[Silver_Fox]

I just add them to my collection of foreign coins.

DITTO

 

[Cerulean]

I'm trying to put together a "folder set" of Canadian coins I find on the Yank side of the border. So far, so good. Might be worth something in a few decades.

 

[Immy]

I'm trying to put together a "folder set" of Canadian coins I find on the Yank side of the border. So far, so good. Might be worth something in a few decades.

Same here. Here's what I do -

Pennies - a blank Whitman penny folder holds Canadian pennies just fine. The first row of five I have the obverse of King George VI, then the four major Queen Liz portraits. Then I start with 1937 (reverse view) all the way thru to 2008 and I still have around 15 holes left.

Nickels - blank Whitman nickel folders work fine here too but I start with 1962 since the nickels are multi-sided before that.

Dimes - again, the Whitman folders are great. 1968 (post-silver) is the starting point since I rarely find silver dimes

Quarters - Don't fit in Whitman folders so I have a date series in cardboard 2x2's.


I save all Canadian coins and eventually put pennies in plastic tubes by decade and nickels in tubes by metal content (100% nickel vs. steel). Extra dimes, quarters, halves, loonies and twonies all congregate in a plastic cup.