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In Canada, a penny (minted 1858–2012) is an out-of-production coin worth one cent, or 1 ⁄ 100 of a dollar.The Royal Canadian Mint refers to the coin as the "1-cent coin", but in practice the terms penny and cent predominate.
1. 1943-D Lincoln Bronze Wheat Penny — $2.3 million Designed by Victor D. Brenner, this is one of the highest-value pennies in circulation today. During World War II, pennies were made of steel ...
1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. The Philadelphia , Denver , and San Francisco mints each produced these 1943 Lincoln cents . The unique composition of the coin ( low-grade steel coated with zinc , instead of the previously 95%-copper-based bronze composition) has led to ...
This withdrawal may be due to the high cost of production, since the coin may be worth less than its cost of production. For example, when Canada phased out its penny in 2012, its production cost was 1.6 cents per penny. [1] Other reasons include low purchasing power and low utility.
1943 Bronze Lincoln Penny. Current estimated value in mint condition: $151,444. Auction record: $1.7 million (Denver) In 1943, the U.S. switched to zinc-coated steel to help save copper during ...
It may be time to dig out that old piggy bank and see if you’ve got a fortune stashed away.
Although the Mint has produced many special edition coins in recent years, Canada does have a history of such coins. From 1943 to 1945, the Mint issued the "Victory nickel" to promote the Canadian war effort. In 1951 a circulating commemorative coin, a 5-cent piece for the bicentennial of the discovery of the element nickel, was released.
The "Victory nickel", struck from 1943 to 1945, was the first non-standard circulating Canadian coin other than commemorative dollars; the reverse features a flaming torch and a large V that stands for both Victory and the coin's denomination. The rim denticles were replaced by the phrase "We win when we work willingly" in Morse Code.