Coin roll hunting
As copper gained high value, pennies were withdrawn from circulation in 2012, making them the most collectible for Canadian coin rolls. Collectors are now also building rolls of loonies, toonies, and quarters. This is a fun hobby but it is not one to rely on for a regular income. However, some numismatists take coin roll hunting very seriously. The expected return from coin roll hunting varies and depends on the denomination being searched with pre-1982 copper cents providing the best return. Copper cent rolls prior to 1982 produced about 20% copper to 80% zinc cents. However, while silver finds today are few and far between, Canadians can uncover large quantities of copper and nickel by Canada coin roll hunting of pennies and nickels. These metals are found in circulation significantly more frequently than silver coins, and therefore is a more consistent method of securing a good deal on the metals.
Defacing of coins is illegal
To deface a coin is illegal in many countries as it is in Canada. As well, it is considered bad manners in the coin roll hunting community to deface coins with marks as the marked coins could be of some value to other people collecting coin rolls. It is not unusual to find US dimes and nickels minted between 1982-2000 circulating in Canada as they have a similar composition, and coin counting machines are unable to tell the difference.
Canada coin rolls denominations
1 cent-50 coins =$0.50
5 cents-40 coins=$2.00
10 cents-50 coins=$5.00
25 cents-40 coins=$10.00
At Colonial Acres Coins our knowledgeable and pleasant staff are here to appraise your valuables. All you need to do is bring in your old Jewellery, Silverware, Coin and or Paper money collections to our store for our assessment. We will pay you top dollar if you decide to sell. Contact us today!