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The production of the Canadian 1-cent piece (known as the 'penny') was discontinued in 2012, as inflation had reduced its value significantly below the cost of production. The 50ยข piece is far less circulated than other Canadian coins. The Canadian penny traces its origins to 1858, when the then-province of Canada adopted the decimal system for its currency. Initially, it was struck at the Royal Mint in Great Britain. The Canadian copper penny is made of 95% copper and 5% zinc, making it a great copper commodity investment. There are stages to getting to the melt value copper portion of this investment. Currently, Canada is on the phase-out stage.
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