Are there rare Canadian pennies

Answer 1

Most definitely not, I'm afraid. They literally made over 1 billion cent coins in 1981, and they are worth only their face value unless they are completely uncirculated. Even in that case it is worth 3 cents at most.

Answer 2

Yes, no matter what country a coin in from, there are ALWAYS rare ones. Rare coins can be a double struck coin, or just simply an old one. The older the coin, usually the rarer the coin is to find. Thus the value is increased. Example: do you think someone will pay more for a 1960 Canadian penny or one minted in 1915? I'm sure you will find a lot more of the 1960's. If someone has a collection and they need the 1915, they are willing to pay more for that coin.

"Time, wear, and melting down when the metal becomes more valuable than the face value can turn any coins into rare coins.

During its early history, Canada primarily used British, American, and Spanish coins rather than having distinctly Canadian currency. The first Canadian Coins were minted in 1858, when Queen Victoria ascended to the throne.

The first Canadian pennies were so unpopular, mostly due to their lighter weight, that the Mint actually sold them at a discount to get people to use them!

After the death of George V in 1936, the Canadian Mint was waiting for new coin dies featuring George VI to arrive, but faced with a shortage of coins going into the new year, had to produce some. They modified the 1936 die with a small dot to indicate that it was actually printed in 1937, and minted just a handful, less than one hundred in the case of pennies and nickels."

Answer 3

Exceedingly rare. I've never heard of one. Be aware, someone may have tampered with it (lots of attempted forgeries out and about) or the date worn off. HOWEVER, if it is a true rarity, take it to a quality coin dealer and get a price and authentication. No idea about the price, I couldn't find any references to an undated coin.

I'm also wondering if you have a test token. They weren't dated, however, it would have the word test or token on it. Check the link below for a list of known test tokens. You can look at the photos to see if that's what you have. If it isn't, take a good scan of your coin and contact a reputable dealer and ask their opinion. Don't sell it until you have at least 2 opinions.

Answer 4

There were only just over a million pennies made in 1923.

Answer 5

1867-1967 penny