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 Copper Penny Bullion Investing
 Which Canadians are Copper?		  Forum Locked
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thebeave
Penny Sorter Member


USA
49 Posts
Posted - 02/21/2007 :  14:47:03  Show Profile Send thebeave a Private Message
I seem to get quite a few Canadian pennies, most likely do to the fact that I live in Michigan. My question is, what year was the cutoff for Canadian copper pennies?

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Cerulean
Penny Hoarding Member



USA
993 Posts
Posted - 02/22/2007 :  10:25:26  Show Profile Send Cerulean a Private Message
The Canadian penny was copper through 1996. In 1997, they switched to copper-clad zinc, and in 2000 switched again to copper-plated steel.

Thanks, Wikipedia!
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Penny Search Totals:
881 zincs (1982-2006) 77.1%
254 coppers (1959-1982) 22.2%
6 wheats (1940-1952)
1 dime (2004)
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thebeave
Penny Sorter Member



USA
49 Posts
Posted - 02/22/2007 :  12:22:35  Show Profile Send thebeave a Private Message
Thanks, I guess I'll start keeping those too.

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n/a
deleted



43 Posts
Posted - 02/23/2007 :  12:24:04  Show Profile Send n/a a Private Message
should I keep the copper can nickels? isn't a copper can nickel twice the value of a US penny? 4 cents?
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Cerulean
Penny Hoarding Member



USA
993 Posts
Posted - 02/23/2007 :  13:18:08  Show Profile Send Cerulean a Private Message
quote:
Originally posted by John Law

should I keep the copper can nickels? isn't a copper can nickel twice the value of a US penny? 4 cents?


I'm not sure which coin you're asking about. If you're refering to the copper-nickel Canadian 5-cent coin minted between 1982 and 2001, then those have a metal value slightly less than that of the current U.S. nickel (as reported on coinflation.com). At this time, it would be about 7.5 cents each in metal.

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Penny Search Totals:
881 zincs (1982-2006) 77.1%
254 coppers (1959-1982) 22.2%
6 wheats (1940-1952)
1 dime (2004)
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n/a
deleted



43 Posts
Posted - 02/23/2007 :  18:45:40  Show Profile Send n/a a Private Message
ok, do I have this calculation right for a 1976 canadian 5 cent piece? this is what I came up with using coinflation.

(19.9157) X (.00220462262) X (4.54) X (.99)=20 cents.

is that about right?

Hey Now.
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beercritic
Penny Pincher Member



USA
112 Posts
Posted - 02/24/2007 :  07:20:02  Show Profile Send beercritic a Private Message
Even easier than that: 100 Canadian nickles weighs 1 pound.

Simply divide the spot price by 100.


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n/a
deleted



43 Posts
Posted - 02/24/2007 :  11:12:28  Show Profile Send n/a a Private Message
well that'll save me some math. thanks.

Hey Now.
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