2012 Canada 1 Cent Last Issue Wrap 100 Coins Two Varieties KM# 490 490a 4FWO
$20.00
1 in stock
Up for sale is a lot of two rolls of 2012 Canadian 1 cent coins. After reviewing financial data that it cost 1.6 cents in production costs ot make one 1 cent coin, the Canadian government announced that 2012 would be the last year that the 1 cent coin would be produced for circulation. It was later announced in March 2012 that in the fall of that year, the government would sstop distributing the 1 cent coins. This change required the public to use a voluntary price-rounding system. If the final register amount ended in a 1 or 2 cent amount, the amount was rounded town to the nearest 5-cent increment (i.e. $1.17 would become $1.15). Likewise amountes ending in 3 or 4 cents were rounded up ($1.73 wouldbecome $1.75). Two varieties of one cent coins were produced; one made of copper-plated steel, and one made of copper-plated zinc. This is a fine example of the last Canadian 1 cent coins made for circulation. Please view photos and feel free to ask questions.
| Denom | 1C |
|---|---|
| Type | Canada |
| Year | 2012 |
| MM | |
| Strike | Business |
| Certification | Uncertified |
| Circulated/Uncirculated | Uncirculated |
| DateCreated | |
| Grade | |
| Denomination | 1C |
Of course, grading is subjective. It is simply an opinion. You know, everyone has one. We grade strictly in accordance with the ANA Grading Standard. Our Chief Grader, Bill, finished in the top of the ANA Summer Seminar Advanced Grading Class. This class is taught by senior graders at PCGS, NGC, and ANACS. He is also an authorized dealer for these grading services.
Terms & Conditions
- Item Availability – Please note that we have a retail coin shop, an e-commerce site, an eBay store, and attend an average of two coin shows a month. Sometimes our inventory gets sold locally, and we don’t have a chance to remove it. If that happens, we will immediately refund your money. We are literally a small three employee business.
- Postage – Please bear in mind that our postal charges include actual postage costs, and packaging which is AT LEAST $5 per package. Signature Required and/or Insurance is added on as needed. We do not ship internationally, as we had too many “lost packages”.
- Dispatch Times – We normally ship your order via USPS Ground Advantage within one day of payment. Unless we are at a show, then the next business day. Once your order has shipped, you will receive an email with the tracking number. Your item will probably take up to five days for delivery. We ship thousands of coins a year, about 2% take up to 3-4 weeks. USPS will NOT update the item location in transit, do not expect them to. If the item is lost in the mail (this happens in less than 1% of shipments), we will contact USPS to get the issue resolved. We abide by the USPS definition for a lost item: ” not delivered within 30 days of shipment”.
- Returns ONLY within 30 days– We really do not mind returns at all. However, administrative costs may require us to impose a 10% restocking fee. VERY IMPORTANT: We ONLY accept returns IF and ONLY IF the item has not been removed from the original holder we shipped it in. All items will be inspected thoroughly before a refund is issued. If you do not love the item, I encourage you to return it.