2012 CANADA NGC PF70 FAREWELL TO THE PENNY 1/25 OZ .999 GOLD CENT FIRST RELEASES

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2012 ROYAL CANADIAN MINT GOLD CENT 1/25 OUNCE FAREWELL TO THE PENNY NGC PF 70 UCAM Beautiful First Release Coin made in pure gold CERTIFIED BY NGC extremely rare limited mintage COIN SPECIFICATIONS: 1/25 OUNCECOMPOSITION: PURE GOLD .999 FINEMINTAGE: 12,000 The auction includes a 2012 Royal Canadian Mint Gold F arewell to the Penny Coin, graded PF 70 UCAM by NGC. 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 Existing pennies will remain legal tender indefinitely; however, pennies will be withdrawn from circulation as of February 4, 2013.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. DOMESTIC COMBINED SHIPPING: Combined shipping is capped at $ read more

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