how much is a canadian penny worth in copper
Penny (Canadian coin) From May 2006 to October 2008, all circulation Canadian pennies from 1942 to 1996 had a melt value of over $0.02 CAD based on the increasing spot price of copper in the commodity markets. The break-even price for a 2.8Â g solid copper penny is $1.61 USD/lb, with prices during this period reaching as high as $4 USD/lb.[13]