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


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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?

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