Is a 1979 s penny worth anything?
The current copper melt value for each penny is about $0.02. These coins can only sell for a premium in uncirculated condition. The 1979 penny with no mint mark and the 1979 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade. The 1979 S proof penny is worth around $5-6 in PR 65 condition.
What is a 1979 Canadian penny made of?
Composition throughout history
| Years | Mass | Composition |
|---|---|---|
| 1978–1979 | 3.24 g | 98% copper, 1.75% tin, 0.25% zinc |
| 1942–1977 | 3.24 g | 98% copper, 0.5% tin, 1.5% zinc |
| 1920–1941 | 3.24 g | 95.5% copper, 3% tin, 1.5% zinc |
| 1876–1920 | 5.67 g | 95.5% copper, 3% tin, 1.5% zinc |
When was the penny banned in Canada?
In May 2012 Canada duly stopped minting one-cent coins, which have been in circulation since 1858, when Canada established its own currency. On February 4th the Royal Canadian Mint stopped distributing them, spelling the end for its least valuable coin.
What is the error on a 1979 D penny?
The only thing of importance to note with the 1979-D Lincoln Memorial Cent is that the engraver’s initials “FG” are sometimes worn off of the coin. Do not mistake this for an error coin. Rather, it was a worn die that was not replaced in time.
How much are old Canadian pennies worth?
1923 Small 1-Cent Large cent coins were minted from 1858 until 1920, when they were replaced by the small cent coin. The 1923 small cent is the rarest date among Canadian coins. A 1923 small 1-cent can fetch from $25.00 to $3,374 CAD.
When did Canadian pennies stop being copper?
4, 2013
4, 2013, when the Royal Canadian Mint stopped distributing the copper-coloured coin. The penny’s demise had been anticipated since March 29, 2012, when federal Finance Minister James Flaherty announced in the budget that his government had decided to phase out the smallest denomination of Canada’s currency.
Are any old Canadian pennies worth anything?
1955 No Shoulder Fold (NSF) Penny The 1955 No shoulder fold is one of the rarest Canadian pennies ever struck. A few 1955 pennies were mistakenly struck with the older design dies. These have sold for up to $5,500 CAD at auction.
Why did Canada get rid of the penny for kids?
The government decided that pennies cost too much to make and distribute. They estimate the country will save about $11-million by eliminating the penny. Without a one-cent coin, many business transactions will change. The Canadian government told businesses they can “round” cash sales to the nearest five-cent mark.