This seems like a kind of intelligence test. Not sure I can feel too badly for anyone that buys them...
Edit: Many friendly Canadian types have informed me that there is indeed a good reason for this, it's because they can't get those coins anymore, and they are not in fact, at all, mentally underprivileged.
Canada removed pennies from circulation and stopped minting them in 2012. Banks have been buying them back and returning them to the government to melt them down. Not only are the metals in a penny worth more than a penny (almost 3 cents per penny now I believe, depending on the year, it goes up as the year goes down), but they have a collector's value.
It would be a bit of a risky purchase but if you know what you're doing you could potentially make your money back and then some on purchasing those. Yes, Value Village is likely overvaluing them a bit but pennies haven't been made any major leaps in value for collectors yet and this is probably the most cost-effective way to deal with them. For many people I doubt $2.30 CAD (the 30 cents comes from the 15% sales tax in Newfoundland Labrador where Karen appears to be based) would seem like too much to risk for the chance to complete their penny collection. In any case they're worth something to, and would slightly grow in value as time goes on for, those people with a book to fill.
CherryKrisKross on August 26th, 2019 at 07:27 UTC »
This seems like a kind of intelligence test. Not sure I can feel too badly for anyone that buys them...
Edit: Many friendly Canadian types have informed me that there is indeed a good reason for this, it's because they can't get those coins anymore, and they are not in fact, at all, mentally underprivileged.
_EliteAssFace_ on August 26th, 2019 at 09:48 UTC »
Maybe in Canada where the penny isn't made or used anymore
lowercase_underscore on August 26th, 2019 at 10:28 UTC »
Canada removed pennies from circulation and stopped minting them in 2012. Banks have been buying them back and returning them to the government to melt them down. Not only are the metals in a penny worth more than a penny (almost 3 cents per penny now I believe, depending on the year, it goes up as the year goes down), but they have a collector's value.
It would be a bit of a risky purchase but if you know what you're doing you could potentially make your money back and then some on purchasing those. Yes, Value Village is likely overvaluing them a bit but pennies haven't been made any major leaps in value for collectors yet and this is probably the most cost-effective way to deal with them. For many people I doubt $2.30 CAD (the 30 cents comes from the 15% sales tax in Newfoundland Labrador where Karen appears to be based) would seem like too much to risk for the chance to complete their penny collection. In any case they're worth something to, and would slightly grow in value as time goes on for, those people with a book to fill.