Canadian Pennies to Keep for Their Copper and Numismatic Qualities
|Look for valuable copper coins in boxes of pennies|
Canadian pennies minted between 1920 and 1936 have a copper content of 95.5% and weigh 3.24 grams, making them a valued target for coin roll hunters. However, they have a portrait of King George V on them and therefore should be kept separate from your copper penny hoard for their numismatic value. These King George V coins are rare, and if you are lucky enough to find one while coin roll hunting, you should hold onto it and make sure not to place it amongst your other Canadian copper pennies.
Although pennies minted between 1937 and 1941 have a copper content of 95.5%, and pennies minted between 1942 and 1952 have a copper content of 98%, these pennies should also be kept distinctively separate from your copper hoard for their numismatic value. Canadian pennies from 1937-1952 have a portrait of King George VI on them, and while not as rare as the King George V pennies, they are worthy of remaining outside of the other copper pennies that make up your copper penny hoard.
Canadian pennies found between the years 1953 and 1979 should make up your first group of pennies retained for their copper content. Pennies in this group are made of 98% copper and weigh 3.24 grams. They offer the largest “bang for your buck” as they are Canada’s heaviest copper pennies minted after 1920. They are even larger than the 3.1 gram American pennies. As a coin roll hunter for copper pennies, these should be your most sought after Canadian pennies, since they are still abundant within circulation and offer the opportunity to obtain copper at an amazing value.
The Canadian penny shrank for the second time after Confederation in the year 1980 to 2.8 grams. However, this weight was only temporary. Canadian pennies minted in the years 1980 and 1981 should make up the second group in your hoard of Canadian copper pennies. Aside from their weight of 2.8 grams, they too have a copper content of 98%. Canadian pennies minted between 1982 and 1996 make up your third and final group of copper pennies in your hoard. This group weighs the least in relation to all the other Canadian copper pennies. They have a mass of 2.5 grams, a unique 12-sided shape making them stand out easily, and a composition of 98% copper.
Therefore, your Canadian copper penny hoard should be separated into groups containing the years: (1) 1953-1979, (2) 1980-1981, and (3) 1982-1996. Your numismatic Canadian penny collection should contain: (1) King George V pennies from 1920-1936 and (2) King George VI pennies from 1937-52.
Canadian Pennies to Disregard
|Modern steel pennies are of little value to coin roll hunters|
Finally, Canadian pennies minted between 2000-2012 represent a complete elimination of inherent value in the penny. During these years, pennies were made of 94% steel and weigh 2.35 grams. There is no reason to keep these pennies that you find through coin roll hunting, as they are worth much less than their one cent face value. Instead, re-roll them and take them back to the bank in order to assist in funding your continued search for Canadian copper pennies.
To learn more about how we sort and separate our Canadian copper pennies, go a head and watch the video below.