The Royal Canadian Mint is no longer producing pennies in Canada. Apparently it was determined it was a no longer needed currency. When shopping and paying in cash, your total is either rounded up or rounded down to the nearest 5 cent increment, so no pennies are required, and if paying by another form (debit, credit) you pay the full amount. They are still legal tender, just not being produced anymore
Pennies produced in Canada prior to 1996 contain anywhere from 95 to 98 percent copper, the latter years (post 98) being either zinc or steel with copper plating. While doing some additional reading for this blog, I've just read that the RCM will be collecting pennies and melting them down - so you know what that means....once they're gone, they are gone!
I'd say that they time is NOW to get your own pair of commemorative earrings now - before the penny is extinct!!
I'll be working on some samples and will post here and on my Facebook page!
Pennies produced in Canada prior to 1996 contain anywhere from 95 to 98 percent copper, the latter years (post 98) being either zinc or steel with copper plating. While doing some additional reading for this blog, I've just read that the RCM will be collecting pennies and melting them down - so you know what that means....once they're gone, they are gone!
I'd say that they time is NOW to get your own pair of commemorative earrings now - before the penny is extinct!!
I'll be working on some samples and will post here and on my Facebook page!
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