Canada says goodbye to the penny

The Canadian penny was at its peak in 2006, with almost 1.3 billion minted that year. On Feb. 4, the Royal Canadian Mint ceases distributing the Canadian penny, which dates back to 1858.

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Beginning February 4, 2013, production of the penny officially came to an end in Canada. And if the latest report is true, the Royal Canadian Mint may be targeting the nickel next.

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