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2006 Canadian Magnetic Penny

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Author Previous TopicReplies: 3 / Views: 3,507Next Topic  
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Clwang's Avatar
United States
336 Posts
 Posted 05/20/2023  12:03 am Show Profile   Bookmark this topic Add Clwang to your friends list Get a Link to this Message Number of Subscribers
Weight 2.20g

2006-Canadian-Magnetic-Penny
2006-Canadian-Magnetic-Penny
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mcshilling's Avatar
Canada
9156 Posts
 Posted 05/20/2023  09:28 am  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
Are you sure it is magnetic, the weight is telling me it is zinc a steel one would weigh 2.35g.

If it is the magnetic one that is the one that is hard to find. Get it into a 2x2
Valued Member
Clwang's Avatar
United States
336 Posts
 Posted 05/20/2023  1:41 pm  Show Profile   Bookmark this reply Add Clwang to your friends list Get a Link to this Reply
Yes, it is magnetic
Is it worth anything?
Edited by Clwang
05/20/2023 1:42 pm
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datadragon's Avatar
United States
1648 Posts
 Posted 05/20/2023  2:10 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
The mint had been putting out two kinds of pennies - ones with a zinc-core that a magnet won't pick up, and ones with a steel core, that a magnet will pick up. Those 2006 magnetic coins were supposed to have a little logo on the flip side, right below the image of the Queen - either a P, or the brand-new Royal Canadian Mint crown/maple-leaf logo that's now on all coins. There'd been an error that year, and some pennies rolled out with no P, no logo which were rare. If you discover a 2006 magnetic, no P, no logo specimen in your penny jar, you might get $50 for it. But the real prize is for uncirculated coins - factory fresh, mint condition.

And on ebay, one of the uncirculated pennies recently sold for $500, uncertified. Ed's are certified, and he's going to sell them for $635. Article from 2013 https://www.cbc.ca/news/canada/hami...00-1.1380742

Here it shows values for circulated tab and uncirculated tab, likely more up to date values. The circulated says around $7.40-$40.70 based on condition and there is an uncirculated tab from $51 and up. https://www.coinsandcanada.com/coin...currency=USD Graded sold values: https://www.coinsandcanada.com/coin...&Send=Search

CANADA KM# 490a CENT Weight: 2.2500 g. Comp.: Copper Plated Steel Ruler: Elizabeth II Obv.: Bust right Obv. Des.: Susanna Blunt Rev.: Two maple leaves Rev. Des.: G. E. Kruger-Gray Size: 19.5 mm. Magnetic

KM# 490 CENT Weight: 2.3500 g. Comp.: Copper Plated Zinc Ruler: Elizabeth II Obv.: New effigy of Queen Elizabeth II right Obv. Des.: Susanna Blunt Rev.: Two maple leaves Edge: Plain Size: 19.1 mm 2006 886,275,000 Copper Plated Zinc coin should be non-magnetic
Edited by datadragon
05/20/2023 2:14 pm
  Previous TopicReplies: 3 / Views: 3,507Next Topic  

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