What to Do with Canadian Pennies 2023
As we step into 2023, many Canadians are left with a surplus of Canadian pennies, wondering what to do with them. With the Royal Canadian Mint discontinuing the production of pennies in 2012, the value of these coins has been diminishing over the years. In this article, we will explore various options for what to do with Canadian pennies in 2023.
1. Collect Them
One of the most popular options for Canadian pennies is to collect them. Many coin collectors value the history and uniqueness of these coins. The Royal Canadian Mint has produced several designs over the years, including the Queen Elizabeth II portrait, the nickel, and the maple leaf. Collecting these coins can be a rewarding hobby, and you may even find rare or valuable ones in your collection.
2. Sell Them
Another option is to sell your Canadian pennies. While they may not be worth much in terms of face value, you can still sell them to coin dealers or online marketplaces. Some dealers may offer a small premium for rare or unique designs, so it’s worth checking the value of your coins before selling them.
3. Donate Them
Donating your Canadian pennies to a charity or non-profit organization is a noble gesture. Many organizations accept donations in various forms, including coins. Your contribution can help support a cause you care about and make a positive impact in your community.
4. Use Them for Craft Projects
Canadian pennies can be a valuable resource for craft projects. Their unique shape and design make them perfect for creating art, jewelry, and other decorative items. You can search for inspiration online or create your own designs using these small coins.
5. Recycle Them
Lastly, if you don’t have a specific use for your Canadian pennies, recycling them is always an option. Many banks and financial institutions have recycling programs for coins, and you can even recycle them at some local recycling centers. This ensures that your pennies are properly disposed of and don’t end up in landfills.
In conclusion, there are several options for what to do with Canadian pennies in 2023. Whether you choose to collect, sell, donate, use them for craft projects, or recycle them, these small coins can be put to good use. So, don’t let your Canadian pennies collect dust in your pocket – find a purpose for them today!
