How much is a 1962 Canadian penny worth?
- 7 years agoFavorite Answer
One penny or the joy of collecting a 50+ year old coin.
- SophroniaLv 44 years ago
1962 canadian penny worth
- StephanieLv 67 years ago
nothing. Only Canadian coins minted before 1930's are worth more than face value. It also depends on the condition of the coin.
BTW the reason it's nothing, it as of Feb 2013, Canada no longer uses the penny. It's an economic boost. It actually costs a mint 1.5 cents to mint one penny, so our country is making money not using the penny. I'm sure that America will follow suit.....in a couple decades
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- DawnLv 44 years ago
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Most older US pennies are worth no more than 3 cents, and a great many are worth only their face value until you get to coins more than 100 years old. Wheat stalk pennies were worth 2 cents last time I saw them at a local coin store. They're older than your coins, IIRC. I don't know anything about Canadian coin values, but I imagine it's similar.
- 6 years ago
it is worth 30 million dollars