2012 CANADA CENT NGC SP69 RD FROSTED MAGNETIC STEEL LAST YEAR OF ISSUE SUPERIOR

Pricing & History

Sold for
Start Free Trial or Sign In to see what it's worth.
Sold Date
Source eBay

2012 ROYAL CANADIAN MINT MAGNETIC COPPER PLATED STEEL CENT FROSTED NGC SP69 !! LAST YEAR OF ISSUE ABSOLUTELY GORGEOUS COIN !! EXACT COIN IS PICTURED The auction includes a 2012 Royal Canadian Mint MAGNETIC or COPPER PLATED STEEL version of the cent in SP69 RD as graded by NGC. This is a superior frosted finish. There had been repeated debate about getting rid of the penny because of the cost of producing it and a perceived lack of usefulness. On December 14, 2010, the Senate finance committee recommended the penny be removed from circulation, arguing that a century of inflation had eroded the value and usefulness of the one-cent piece. People began hoarding these coins or simply avoided using them. In late 2010, finance committee members of the Canadian Senate estimated that the average Canadian had as many as 600 pennies hoarded away, taken out of circulation. On March 29, 2012, the federal government announced in its budget that it would withdraw the penny from circulation in the fall of 2012. Existing pennies will remain legal tender indefinitely; however, pennies will be withdrawn from circulation as of February 4, 2013. Please - 100% positive feedback!! All orders are shipped the same or next business day. PCGS AUTHORIZED DEALER NGC AUTHORIZED DEALER AMERICAN NUMISMATIC ASSOCIATION LIFE MEMBER

Items in the Price Guide are obtained exclusively from licensors and partners solely for our members’ research needs.

Flag item for content or copyright

If this item contains incorrect or inappropriate information please contact us here to flag it for review.

If you are the originator/copyright holder of this photo/item and would prefer it be excluded from our community, contact us here for removal.