Top 10 Most Valuable Canadian Pennies – Worth Up to $400,000! Do You Have One?

Canadian pennies, which were officially withdrawn from circulation in 2012, have turned into highly valued collectibles these days. Few of these rare coins and defect versions have become very costly with time. If you possess old Canadian pennies, some of them might be worth thousands to millions of dollars!

Here we provide the 10 most expensive Canadian pennies, their distinctive features and estimated market price.

1. 1936 Dot Penny – Up to $400,000 Value

This coin is among the rarest in Canadian history. When King Edward VIII gave up the throne, some coins were made in 1937 with the old 1936 die that had a small dot on it. This coin is extremely rare and only three specimens are known.

Features: Small dot below the date
Estimated value: Up to $400,000

2. 1955 No Shoulder Fold (NSF) Penny – Up to $5,500

This coin does not show the shoulder fold on the robe of Queen Elizabeth II due to an error in the portrait. This design error made it rare and is extremely popular among collectors.

Features: No shoulder fold on the Queen’s robe
Estimated value: Up to $5,500

3. 1923 Small Cent – ​​Up to $6,000

This coin had a combined mintage of only 1 million, which ranks among the lowest mintage coins in Canadian history. It is very rare to spot in good condition.

Features: Mined in extremely limited quantities
Estimated value: Up to $6,000

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4. 1925 Small Cent – ​​Worth Up to $3,000

Similar to the 1923, this 1925 coin was made in extremely limited quantities, thus it is very highly valued by collectors.

Features: Limited minting
Estimated value: Up to $3,000

5. 1948 A Pointed 9 Penny – Up to $1,500

This coin is special particularly due to the pointed nature of the ‘9’ written on the date. The ‘9’ is pointed in shape, making it stand out from the typical version.

Features: Pointed shape of the number ‘9’
Estimated value: Up to $1,500

6. 1922 Small Cent – ​​Up to $2,000

This coin was minted in very small quantities, so it is a collector’s dream. In good condition, it can be worth even more.

Features: Limited mintage
Estimated value: Up to $2,000

7. 1965 Large Beads Penny – Up to $2,500

This coin features larger bead-like dots on the edge than most coins. This was a design that was minted in small numbers because of an error and is now rare.

Feature: Large pearl-like dots
Estimated value: Up to $2,500

8. 1954 No Shoulder Fold (NSF) Penny – Worth up to $1,500

Just like the 1955 NSF Penny, this 1954 coin is also valuable due to the absence of a shoulder fold on Queen Elizabeth II’s robe.

Feature: No shoulder fold
Estimated value: Up to $1,500

9. 1985 Pointed 5 Penny – Worth up to $1,000

The unique aspect of this coin is the elongated shape of the ‘5’ written in its date, making it stand out from other coins.

Features: Elongated shape of the number ‘5’
Estimated value: As much as $1,000

10. 2006 Magnetic Penny (No P, No Logo) – Up to $2,000

This coin does not have the ‘P’ mint mark and Royal Canadian Mint logo, which is quite rare. Only 222 coins of this type were issued, so the coin is really rare.

Features: Is magnetic; doesn’t have the ‘P’ mint mark or Mint logo
Estimated value: Up to $2,000

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Do you have any valuable Canadian pennies?

You might have very valuable old Canadian coins. If you do, you should find the following:

• The coin has a design defect or special characteristic
• It is scarce and was produced in small numbers
• The condition of the coin (coins in good condition are more valuable)

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