Keep Canadian Copper Pennies

Keep Canadian Copper Pennies


 

Canadian Copper Pennies

 
 
Keep your Canadian pennies! In this particular case, Canadian Copper Pennies. These copper pennies are just like the U.S. copper pennies: The copper metal value exceeds their Canadian face value by over 2.5x. The Canadian copper penny is made of 95% copper and 5% zinc, making it a great copper commodity investment.

There are stages to getting to the melt value copper portion of this investment. Currently, Canada is on the phase-out stage. This is because Canada wants Canadians to deposit their pennies at financial institutions which end up back at the Royal Canadian Mint. The Royal Canadian Mint uses its “Alloy Recover Program” to sort out the copper pennies from their zinc and steel pennies so they can turn the coins into copper and make a profit (read more: Canada Eliminates the Penny).

As an investor, you can hold onto your Canadian pennies until such time it is legal to melt and capitalize on your own great metal investment!

If you don’t have Canadian pennies, that’s perfectly fine. In the United States you can hold onto your U.S. copper pennies dated 1982 and older as a great copper investment. After all, if Canada is eliminating the penny, the United States won’t be far behind.

 
 

Canadian Penny Melt Laws

 

Note that it is illegal to melt the Canadian penny:
 
 


“No person shall, except in accordance with a licence granted by the Minister, melt down, break up or use otherwise than as currency any coin that is current and legal tender in Canada.”

– exert from the Source
.

Learn about How to Make Money with Copper Pennies

 
 

Share this article on Canadian Copper Pennies.

If you found this information helpful, please share using the social media buttons below. The more people that share, the more people will see this and learn:

It is important that we are all informed and helping each other stay informed. Turning in valuable coins like the Canadian copper penny so that the Royal Canadian Mint can prosper instead of you is just not fair. So we ask you to please use the social media buttons below to share this article with your family, friends, coworkers, and anyone else you may know. After all, knowledge is power.

 
 

Buy Canadian Copper Pennies

 
Want to buy Canadian copper pennies? Read this article with links to show you market free pricing:
 
Buy Canadian Copper Pennies

 

Comments: 2 Comments

2 Responses to “Keep Canadian Copper Pennies”

  1. Jack says:

    I hate to see the penny go but I guess it was costing the govt. more than the face value. How many 2012 pennies were printed in 2012?

Leave a Reply

 

Wheat Cents Unsearched

Wheat Cents Unsearched

Search through unsearched wheat cents to find rare coins. Test your luck with our wheat pennies sourced across the entire country today!

Read More: Unsearched Wheat Cents

Copper Nickel Investing

copper nickels investing

Low-risk investing is wise for any long-term investor looking to have gains while preserving wealth. Nickels offer a great solution for low-risk tangible investing.

Read more: Copper Nickel Investing

Copper Penny Bullion

copper penny bullion

Take advantage of copper penny investing before all copper pennies are sorted out of circulation and prices inevitably skyrocket.

Read More: Copper Pennies



American Numismatic Association

Coin Collecting Enterprises BBB Business Review