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Canadian One Cent Coins

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See the complete 4 coin, 8 image obverse / reverse set of this Canadian coin on my Instagram page at www.instagram.com/p/B-w3yAJH_ms/

 

A small sample of early 1900's Canadian pennies. Personally, I love the warm tones of these coins.

In Canada, a penny is a coin worth one cent, or 1⁄100 of a dollar. According to the Royal Canadian Mint, the official national term of the coin is the "one-cent piece", but in practice the terms penny and cent predominate. Originally, "penny" referred to a two-cent coin. When the two-cent coin was discontinued, penny took over as the new one-cent coin's name. Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins and Spanish milled dollars.

Production of the penny ceased in May 2012, and the Royal Canadian Mint ceased the distribution of them as of February 4, 2013. However, like all discontinued currency in the Canadian monetary system, the coin remains legal tender. Once distribution of the coin ceased, though, vendors were no longer expected to return pennies as change for cash purchases, and were encouraged to round purchases to the nearest five cents. Non-cash transactions are still denominated to the cent.

 

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Uploaded on May 2, 2020