Sunday, March 23, 2014

2007 Canada Cent, Steel Core

The are two types of 2007 Canadian cents one is magnetic the other is not. The steel core is magnetic and most common while the non-magnetic version is scarce and made with a zinc core. Both are copper plated.

Having found hundreds of Canadian cent I still always forget to check for varieties. These modern cents often are circulated with zinc and steel cores. Depending on current metal values their quantities change but it is mostly 90% steel core cents and 10% zinc core cents. Steel tends to be cheaper and still have the properties needed for coinage.

Hopefully I will take a second or two next time I find a 2006 or later Canadian cent and stick it to a magnet. Some of these variations are worth more so it is worth the extra time.
Here's the stats...
Type/Country: 1 Cent / Canada
Year: 2007
Mintage: 938,270,000
Metal: 94% Steel, 4.5% Copper, 1.5% Nickel
Value: $0.01 in F

Do you have a Canadian coin and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

0 dollars worth, for Comments/Questions click here.: