2011 Pennies - Coin Community Forum

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Author	Replies: 8 / Views: 2,727
1945V Valued Member Canada 386 Posts	Posted 07/03/2011 11:09 am I just found some 2011 magnetic pennies today. Does anyone know what percentage are magnetic and non-magnetic ? To date I have been only finding 2011 non-magnetic pennies I (copper plated zinc) and did not know 2011 magnetic version (copper plated steel) pennies existed. Edited by 1945V 07/03/2011 11:10 am Report this Post to the Staff

cownick Pillar of the Community Canada 677 Posts	Posted 07/03/2011 12:37 pm Where did you find them? Do they have the logo on the obverse? Do they come from sets or circulation? Report this Post to the Staff
1945V Valued Member Canada 386 Posts	Posted 07/03/2011 12:40 pm I found all three 2011 magnetic pennies in rolls from the bank and they have the usual RCM logo on the back. Edited by 1945V 07/03/2011 12:41 pm Report this Post to the Staff
coinsearcher83 Pillar of the Community United States 1358 Posts	Posted 07/03/2011 1:31 pm So... Why does Canada continue to make two different compositions of pennies? Report this Post to the Staff
DBM Pillar of the Community Canada 9866 Posts	Posted 07/03/2011 1:44 pm Interesting,I'll have to get out my magnet and check Report this Post to the Staff
littlemoney Pillar of the Community Canada 902 Posts	Posted 07/03/2011 1:55 pm That is interesting, finding some that are not from specimen sets. Report this Post to the Staff
cownick Pillar of the Community Canada 677 Posts	Posted 07/03/2011 2:05 pm Maybe they are useing up the left over blanks from the Specimen sets. Might be rare. Report this Post to the Staff
EastVanRob Pillar of the Community Canada 617 Posts	Posted 07/03/2011 5:09 pm Coinsearcher 83 asked: "So... Why does Canada continue to make two different compositions of pennies?" Basically, cost and availability. At certain times the zinc blanks are less costly and/or more available, and at certain times the steel blanks are less costly and/or more available. Report this Post to the Staff
coinsearcher83 Pillar of the Community United States 1358 Posts	Posted 07/03/2011 5:23 pm Hmm.. I guess that does make practical sense.. Report this Post to the Staff
	Replies: 8 / Views: 2,727

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