How much is a 1941 penny worth Canadian?

A 1941 penny is worth approximately $1.99 in today’s money. The U.S. Mint began making pennies in 1909. At that time, the penny was worth about one cent, so a 1941 penny was worth about five cents if you could find one. The last pre-1940 penny was struck in 1942. The U.S. Mint switched to nickels beginning in 1947, leaving the penny as a one-cent coin for several more years.

How much is a US penny worth Canadian?

We have already covered this topic, but there is another interesting point to consider. In the early 1940s, the United States and Canada both experienced significant inflation While the two countries had different monetary systems at the time, the issue of inflation was a common thread between them. In 1947, the US replaced the silver penny with a copper penny to save money. We can’t say it didn’t work! The cost of one penny plunged from one cent to 25 cents, which is a

How much is a Canadian penny worth?

The last time the penny officially circulated in Canada was in 2012 when it was worth $0.13. The Royal Canadian Mint stopped circulating the penny as a way to save money and to stop hoarding the metal. However, the penny is still legal tender so it is still possible to find change in circulation.

What is a Canadian penny worth?

A 1941 penny is worth a little over two cents, which is about $0.03 in today's money. If you find one in circulation today, it is worth about $5.50 in scrap metal value. However, if you are looking for one in its original condition, you may have to pay a premium as they can be very difficult to find.

How much are a Canadian penny worth Canadian?

The 1941 penny was struck in the Royal Mint in Canada for the King George VI. It has a face value of one cent and is made of 75% copper and 25% zinc. Since copper is a valuable metal, one penny is worth about 25 cents in copper alone.