Discover the Top 9 Unbelievable Fun Facts About Canadian Pennies You Never Knew!
![Discover the Top 9 Unbelievable Fun Facts About Canadian Pennies You Never Knew! illustration of canadian-pennies](https://funfactfiesta.com/src/canadian-pennies-1.png)
1. The Evolution of Canadian Pennies
From 'rock dove' status to 'high roller' rarities, Canadian pennies sure know how to change with the times: Over the course of their existence, their composition shifted from bronze in 1876 to 94% steel in 2000 and even sported different designs, with the last minted on May 4, 2012, and a mere three 1936 dot cents currently in existence, valued at over $400,000 each.
Source => cbc.ca
2. Royal Makeover
Believe it or not, the Canadian penny went through a royal makeover in its heyday: it took a sabbatical from fashioning maple leaves to sporting dapper monarchs like King George V and Queen Elizabeth II. But alas, in 2012, the penny fell out of circulation - quite literally - when production costs became too steep. Fear not, penny enthusiasts, for the legacy lives on in a commemorative Legacy of the Penny Series that glams up silver coins with majestic maple leaves and King George V's timeless visage.
Source => en.numista.com
![](https://funfactfiesta.com/src/the-american-flag-1.png)
Did you know the first American flag had a Union Jack in the corner and was mistaken for surrender by the British? Discover the hilarious reason behind the creation of the iconic Stars and Stripes!
=> Fun Facts about The-American-Flag
3. Penny Pinching Discontinuation
Oh, Canada! Land of maple syrup, hockey, and penny-pinching – quite literally: The Great White North discontinued its production of pennies in 2012, as each copper-coated fellow cost the government a startling 1.6 cents to produce, rounding cash transactions to the nearest nickel thereafter.
Source => nytimes.com
4. Shiny Penny Protagonists
Oh, Canada! Home of maple syrup, ice hockey, and an ever-changing cast of shiny penny protagonists: The Canadian one-cent coin, fondly dubbed the "penny", flaunts a long history of over 150 years with various changes, from new monarchs gracing its face to mint mark switcheroos, and even a dot on the reverse side – all adding up to millions of these little copper-plated wonders circulating and jingling in the pockets of the Great White North.
Source => en.wikipedia.org
![The Cost of Saving Pennies](https://funfactfiesta.com/src/canadian-pennies-2.png)
5. The Cost of Saving Pennies
They say a penny saved is a penny earned, but Canada was losing dollars saving pennies: In 2012, the Canadian government discontinued the production of pennies, which had been costing 1.6 cents each to produce, as phasing them out saved taxpayers approximately $11 million a year, with the last penny struck on May 4, 2012, at the Royal Canadian Mint in Winnipeg.
Source => rcinet.ca
6. The Fortune of the Dot Penny
Crikey, it seems like a penny saved, is a fortune earned if it has a tiny polka dot: The elusive 1936 Canadian dot penny, adorned with a minuscule dot beneath the date as a secret signal it was minted in 1937, is worth a staggering $400,000, with only three left in the world to hanker after.
Source => cbc.ca
7. Monarchy's Hairstyles on Coins
From crown to no-crown, these Canadian coins know how to keep up with the monarchy's hairstyles: Canadian pennies have gone through multiple obverse designs since 1858, featuring Queen Victoria's laureate portrait to Queen Elizabeth II's uncrowned effigy, with each representing a different era in Canadian history and making specific editions more valuable to collectors.
Source => saskatooncoinclub.ca
8. Copper-coated Chameleons
They say that change is the only constant in life, and it seems that even Canadian pennies can't escape this fundamental principle of existence: Since 1997, these copper-coated chameleons first switched from a core of mostly copper to zinc, then to steel and nickel in 2001, taking metamorphosis to a whole new "centsational" level.
Source => whaton.uwaterloo.ca
9. Canadian Penny's Peak Mintage
Hear ye, gather 'round coin aficionados, history buffs, and insomniacs alike for a tale featuring the Mighty Canadian Penny – both bountiful and elusive, battling to break records: Behold, in 2006, our copper hero reached its peak mintage at a whopping 1.2 billion coins, while humble beginnings were embraced in 1922, minting a mere 1.2 million of these cent-sational treasures!
Source => en.wikipedia.org
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