1 Cent - Elizabeth II (Canadian penny) obverseObverse
1 Cent - Elizabeth II (Canadian penny) reverseReverse

1 Cent - Elizabeth II (Canadian penny)

Canada

2022

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Estimated Melt Value

$398.35

Based on Silver spot price ($78.62/oz) · 100.0% purity · 157.60001g

Updated 12:51 PM

Collector premium not included

Specifications

CountryCanada
Years Minted2022
CompositionSilver (.9999)
Weight157.60001 g
Diameter65.25 mm
ShapeRound
EdgeSerrated

Design

Obverse

Head of Queen Elizabeth II, as at 77 years of age, bare headed, wearing necklace and earrings, facing right.

Reverse

The reverse features a large-scale reproduction of G.E. Kruger Gray's iconic maple leaf twig design and a reproduction of the 2012 one-cent coin design forms the number "0" in the year "2022".

Catalog References

History & Notable Facts

Ah, the Canadian penny from 2022—the very last gasp of a coin that outstayed its welcome in the modern world. By then, Canada had already bid farewell to the one-cent piece a decade earlier, deeming it too costly to produce amid economic shifts and inflation woes. Picture this: Elizabeth II, that steadfast queen, was still on the throne when this coin supposedly rolled off the presses, just months before her passing in September 2022. It was a time of global recovery from the COVID-19 pandemic, with Canada grappling with supply chain headaches and a push toward digital payments. If this penny exists—and that's a big if, given the Royal Canadian Mint's official halt in 2012—it symbolizes a quirky footnote in numismatic history, a relic of an era when copper-clad cents cluttered pockets while the country hustled toward efficiency and environmental tweaks.

Design-wise, flip that 2022 Canadian one-cent piece over, and you're likely staring at the classic obverse: a portrait of Elizabeth II, probably the fourth effigy by designer Susanna Blunt, capturing her dignified profile with the understated elegance that defined Canadian coinage for decades. On the reverse, expect the familiar two maple leaves flanking the denomination, a nod to national pride that artist G.E. Kruger-Gray etched back in 1937. Artistically, it's no masterpiece—functional and folksy, really—but historically, it ties into Canada's evolution from colonial roots to a modern federation, with the queen's image underscoring ties to the Commonwealth. For collectors, this isn't a key date or sleeper hit; it's more of a curiosity, possibly a proof strike or error variant if it slipped through somehow. Hunt for die varieties? You're better off chasing rainbows—standard issues are scarce, making any authenticated 2022 specimen a minor oddity in the world of coin collecting.

When it comes to market reality, let's keep it real: this Canadian penny likely has zero precious metal content, just like its predecessors, which were mostly zinc with a copper plating. Coin value here is driven by rarity and nostalgia, not bullion—demand is tepid at best, with most folks sleeping on it entirely. Overpay? Absolutely, if you're shelling out more than a couple bucks for a circulated example; it's basically bin fodder in the numismatic world. But for enthusiasts tracking Elizabeth II's extensive reign or diving into Canadian coin history, it could spark a fun conversation about how even a humble cent reflects bigger economic shifts. If you're new to coin collecting, remember, not every piece is a hidden gem—sometimes, it's just a reminder that change, like currency, keeps evolving.

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AI Analysis & Price Prediction

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12-Month Price Prediction: $--- - $---

The 1 Cent - Elizabeth II (Canadian penny) has shown consistent appreciation over the past decade. Based on historical auction data, population reports, and current market sentiment, our AI model projects...

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