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 Replies: 21 / Views: 4,541 |
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Pillar of the Community
Canada
1700 Posts |
Has anyone got an idea of the estimated total mintage of Canadian small cents? (1920 to present)?
If not, I think we can start calculating by starting at the year of 1920.
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Pillar of the Community
Canada
1581 Posts |
1962 - 2012 would get you close. 1962 was the first year one cent mintage cracked 200 million, and by 1965 it was over 300 million. 1981 was 1.2 billion.
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Pillar of the Community
 Canada
1700 Posts |
Here's an idea. Average the mintages of different periods.
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Pillar of the Community
Canada
933 Posts |
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Valued Member
Canada
54 Posts |
Cool! Thats only about 1000/person in Canada. Ten bucks in small cents. I've got way more than the average :-)
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Valued Member
Canada
370 Posts |
I would like to know the volume of all those pennies.
Do we have any math wizards in the house?
How many average size swimming pools could be filled?
Don't forget to show your work :)
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Pillar of the Community
Canada
1700 Posts |
What is the average size?
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Valued Member
Canada
54 Posts |
I fit 1250 pennies in a 750ml yogurt container. That's 600ml per 1000 pennies. 35000000000x600/1000=21 million liters. Swimming pools vary in size greatly, but if we assume a pool 1m x 5m x 8m as an average (40000 liters), then we have to have about 525 swimming pools to hold those pennies.
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Valued Member
Canada
370 Posts |
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Pillar of the Community
Canada
933 Posts |
Some more cool stuff after doing some basic calculations...
total amount of copper used on pennies since 1920-1996 = 63,662 TONNES!!
at todays average price of $8504/tonne, this would cost $541,381,648 of copper...while the total face value of pennies from 1920-1996 is only $228,168,136.7
Now obviously the price of copper varied greatly between 1920 and today, but I dont have the time to look for that data and average it out lol. No wonder the mint stopped production of the penny :P
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Pillar of the Community
Canada
1700 Posts |
Quote:
at todays average price of $8504/tonne, this would cost $541,381,648 of copper...while the total face value of pennies from 1920-1996 is only $228,168,136.7 The copper price in the past is extremely cheap. |
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Pillar of the Community
Canada
1700 Posts |
Here's the number that I got from my calculation:
33 955 978 670
1920 to 2011
That's Thirty-three billion nine hundred fifty five thousand nine hundred seventy eight thousand six hundred seventy
Edited by Petersun
06/10/2012 9:12 pm
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Pillar of the Community
Canada
1700 Posts |
If the country didn't stop minting pennies for perhaps four or five more decades the total penny mintage would probably go up to quadrillions. If say for another centry the country still keeps on minting pennies, the number could go up to quintillions or even sextillions, septillions, and so on.
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Pillar of the Community
Canada
650 Posts |
Since we are number crunching , by monarch, subset, per year average,
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Valued Member
Canada
370 Posts |
Maybe there are no takers MrCanada. I would give it a try but I've got some hunting to do on ebay :) |
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Pillar of the Community
Canada
1581 Posts |
Source data: http://www.mint.ca/store/mint/learn/1-cent-5300004Spreadsheet calcs: Total (Average per year) 1920-1936: 124,820,687 (7,342,393) 1937-1952: 877,773,424 (54,860,839) 1953-2011: 33,972,862,559 (575,811,230) Min: 1925 (1,000,622) Max: 2006 (1,261,883,000) |
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Replies: 21 / Views: 4,541 |
Posted 06/09/2012 6:01 pm
