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Monday, February 4, 2013

1927 Canadian Cent and Trivia Answers!


Now that the Canadian cent has had it's life support cut off, it will soon see less and less time in circulation. With the hoarders and government aggressively recalling them, some people may give them grotesquely large price tags because of their newfound "rarity". Therefore, it is wise to avoid dealings with anyone who claims to have a "XXX RARE CANADIAN PENNY" unless it is known to be rare. If you still wish to attain issues of the Canadian Cent, do not fret. Most of them are still relatively cheap and will be for the foreseeable future. This is because there have been 35 Billion of them made since 1908 when the RCM opened. They will still be in the $0.25, $0.50, and $1.00+ junk bins at coin shows and flea markets which is where I got the above coin. It's worth about $3.00 and is, in high grade, an exception to that "XXX" rule above. Still it's not much to get excited over unless you find one in circulation. I got it for between $0.15 and $0.20 as it was in the "$0.25 for 1; $1.00 for 5" box and I got a few freebies.

On to trivia! This week's question was "What coin did I feature on December 30, 2012?" and the answer was "Bahama Islands 5 Cents". 5 people answered, all with the correct answer. In other words participation is up from last week! Thanks guys! Be sure to vote on the new question!

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