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Minting the first penny
Canada introduced the penny to the Canadian coin collection. A penny from this era in good condition can garner as much as $350.00 in 2012. -
Penny
In 1914, the penny was worth $.20 in 2012. -
Penny pinching
The Canadian Mint shrunk the size of the penny from its original size of approximately a quarter coin (25mm) to its modern day size (19 mm). -
Penny still worth big bucks
A penny in 1935 was worth $.017 cents in 2012. -
Penny equal to today
By 1991, the penny was worth the same amount as it is today. in 1990, it was worth double that. -
Changing compositions
Until 1997, the penny had a 98% copper composition.
It was converted to a zinc based coin with copper coating. -
Aboliting the Penny
With a current cost to produce a penny at 1.6 cents, the Royal Canadian Mint decided to discontinue the coin. -
Penny Stocks
Nearly the only thing a penny can still be used for is to purchase penny stocks.