Good reason to save Canadian coins

[Immy]

Coin World has an article this week about how the Royal Canadian Mint has quietly been accumulating pre-2001 coins (in a partnership with Coinstar), melting them for their metal content and replacing them with new coins made of the post-2001 composition of steel plated with multiple, alternating layers of copper and nickel.

The practice, started in 2003, has been netting the RCM millions in profit from sales to metal dealers and may result in certain modern issues becoming rarities. The focus has mainly been the 5 cent to 50 cent denominations but it's safe to assume pennies are included.

Save those pre-2001 Canadians! They may show up less frequently in the near future.

 

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[Emperor Findus Cladius]

What is the copper content of canadian pennies?

 

[HobBob]

Thanks for the heads-up, Immy. This close to the Canadian border, it seems I have no problem finding Canadian coinage. I still have every single one I've found! I seem to remember you saying that pre-2001 Canadian pennies are 95% copper. Is that correct?
HH,
Bob