Canadian needs help on 2 pence

[the canadian 0]

Hello from Montreal, Canada. Very sorry for this beginner's question. I inherited all kind of coins and need help on 2 from your great country.

They seem to me very common, but on Ebay they are selling what seems the same for over 1,000 CAD$. Any one here can bring me back to reality with value 

Thanks a million

Marco

[secret santa 2,137]

They may be advertised at that cost but I don't expect that they sell for anything but a few cents. Very common indeed.

[copper123 1,434]

Valued as £0.02 from over here in the uk , you might get lucky and get £0.05 for it 

[Iannich48 201]

If you have a 1983 with new pence, then that would be worth a lot more.

[VickySilver 812]

Yes, many sellers try to confuse buyers and are deceptive representing common 2P pieces as the rare 1983 mule...

[Martinminerva 294]

4 hours ago, the canadian said:

They seem to me very common, but on Ebay they are selling what seems the same for over 1,000 CAD$.

They are VERY common - almost one and a half billion (!) minted in 1971 (1,454,856,250 to be precise!) and hundreds of millions in the subsequent years. They are NOT selling for that money (merely optimistically listed at that): as others have said here it is only the 1983 mules that are rare. A combination of ignorance, misunderstanding and downright deception is behind the ludicrous pricing. If anyone has actually bought one for silly money, frankly more fool them!

[VickySilver 812]

I wonder the copper value of the coin.... 0.223 oz. of copper based on 97.5% alloy. Copper today is USD$4.59 per pound (12 troy ounces per pound).

1/54 of a pound = USD .085 per 2P coin....

[Rob 3,106]

1 hour ago, VickySilver said:

I wonder the copper value of the coin.... 0.223 oz. of copper based on 97.5% alloy. Copper today is USD$4.59 per pound (12 troy ounces per pound).

1/54 of a pound = USD .085 per 2P coin....

Yep. Current scrap price for decimal bronze is about 3x face. Money to be made for someone.

[Peckris 2 2,102]

only one of those dated 1983 would be worth good money (that was the year nearly all 2p's were 'TWO PENCE')