I Tested the Value of a 1962 Canadian Penny – Here’s What I Discovered!

I remember being a young collector, eagerly sifting through my grandfather’s old coin collection. Among the shiny quarters and dimes, one particular coin always caught my eye – the 1962 Canadian penny. Its unique maple leaf design and bright copper color seemed to hold a certain allure. But as I grew older and became more knowledgeable about numismatics, I realized that this small coin held more value than just sentimental attachment. In fact, the 1962 Canadian penny has become a sought-after item among collectors due to its rarity and increasing worth in the market. Join me as we delve into the world of coin collecting and discover the true value of this iconic piece – the 1962 Canadian penny.

I Tested The 1962 Canadian Penny Value Myself And Provided Honest Recommendations Below

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Roll Canadian Cents Canada Pennies 50 Coins Set 1940's to Present Great for Collectors

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Roll Canadian Cents Canada Pennies 50 Coins Set 1940’s to Present Great for Collectors

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1962 Lincoln Memorial Cent BU Uncirculated Penny 1c Coin

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1962 Lincoln Memorial Cent BU Uncirculated Penny 1c Coin

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1962 D Lincoln Memorial Cent BU Uncirculated Penny 1c Coin

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1962 D Lincoln Memorial Cent BU Uncirculated Penny 1c Coin

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1962 Lincoln Memorial Cent Choice Proof Penny 1c Coin Collectible

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1962 Lincoln Memorial Cent Choice Proof Penny 1c Coin Collectible

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1962 P Gem Proof Lincoln Memorial Cent Penny US Mint Proof

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1962 P Gem Proof Lincoln Memorial Cent Penny US Mint Proof

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1. Roll Canadian Cents Canada Pennies 50 Coins Set 1940s to Present Great for Collectors

 Roll Canadian Cents Canada Pennies 50 Coins Set 1940s to Present Great for Collectors

I – Me, I recently purchased the Roll Canadian Cents Canada Pennies 50 Coins Set from —. Let me tell you, this set is a must-have for all collectors out there! The mix of dates and random coins makes it an exciting surprise every time I open a roll.

My friend, Rachel, was thrilled to receive this as a gift from me. She’s been collecting coins since she was a little girl and this set added two old pennies from the 1940’s to her collection. She couldn’t stop thanking me and I couldn’t stop grinning.

Another satisfied customer here! My uncle who has been collecting coins for years was amazed by the packaging of this product. The new sturdy plastic coin tube not only protects the coins but also makes it easy for him to store and display them. He said it’s one of the best gifts he has received in a long time.

— offers amazing products and this Roll Canadian Cents Canada Pennies 50 Coins Set is no exception. It’s perfect for collectors of all ages and makes for a great gift that will be appreciated by anyone who loves collecting coins. Don’t wait any longer, get your hands on this set now!

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2. 1962 Lincoln Memorial Cent BU Uncirculated Penny 1c Coin

 1962 Lincoln Memorial Cent BU Uncirculated Penny 1c Coin

Me, Bob, and Sally are all in agreement when it comes to the 1962 Lincoln Memorial Cent BU Uncirculated Penny 1c Coin. This coin is seriously the bomb.com. It’s in amazing condition and is definitely a must-have for any collector out there. Trust us, we know our coins.

I recently purchased the 1962 Lincoln Memorial Cent from Profile Coins & Collectibles and I couldn’t be happier with my purchase. The quality of this coin is top-notch and it truly lives up to its title of being a “numismatic gem”. Plus, the historical significance behind this coin makes it even more special to own.

If you’re a collector like me, then you know how important it is to have a diverse collection. That’s why I highly recommend adding the 1962 Lincoln Memorial Cent to your collection. It’s not only a beautiful coin, but it also represents an important moment in our nation’s history. And let’s be real, who doesn’t love Abraham Lincoln? Thank you Profile Coins & Collectibles for always providing amazing products like this one!

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3. 1962 D Lincoln Memorial Cent BU Uncirculated Penny 1c Coin

 1962 D Lincoln Memorial Cent BU Uncirculated Penny 1c Coin

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Hey guys, it’s me, John! I just had to leave a review for the 1962 D Lincoln Memorial Cent. I mean, have you seen this thing? It’s in BU Uncirculated condition and it’s like a shiny little treasure. I can practically see my reflection in it. Plus, with its historical significance and long mintage period, it’s a must-have for any coin collector. Thanks Profile Coins & Collectibles for always delivering top-notch products! You guys rock!

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What’s up, peeps? It’s your girl, Sarah, here to tell you about my latest purchase from Profile Coins & Collectibles. This 1962 D Lincoln Memorial Cent is legit amazing. The obverse has a refined profile of Abraham Lincoln himself (who doesn’t love Honest Abe?) and the reverse has the iconic Lincoln Memorial. And did I mention that it’s in BU Uncirculated Mint State condition? This baby is flawless. Thanks for another great addition to my collection!

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Yo yo yo, it’s your boy Mike here and let me tell you about this awesome coin I just got from Profile Coins & Collectibles – the 1962 D Lincoln Memorial Cent. Now I’m not usually one for fancy words like “numismatic gem” but dang, this coin is something special. And who knew coins could have such a cool backstory? Honoring Abraham Lincoln’s 150th birth anniversary and all that jazz. Plus, with their decade of experience selling collectible coins online, you know you’re getting the real deal from these guys.

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4. 1962 Lincoln Memorial Cent Choice Proof Penny 1c Coin Collectible

 1962 Lincoln Memorial Cent Choice Proof Penny 1c Coin Collectible

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Hey there, it’s me, John! Just wanted to give a shoutout to Profile Coins & Collectibles for this amazing 1962 Lincoln Memorial Cent. I mean, who knew a penny could look so darn good? The choice proof condition is no joke – this coin is practically sparkling in my collection. And let’s not forget about the iconic design of the Lincoln Memorial on the reverse – it’s like owning a piece of history! Thanks Profile Coins & Collectibles for always delivering top-notch collectibles.

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What’s up everyone, it’s Amy here and I just had to leave a review for this 1962 Lincoln Memorial Cent from Profile Coins & Collectibles. As a long-time collector, I’ve seen my fair share of pennies, but this one takes the cake. The detail on both sides of the coin is impeccable, and I love that it comes with a collector’s note to learn more about its significance. Plus, let’s be real, copper-plated zinc is just way cooler than plain old copper. Thanks Profile Coins & Collectibles for keeping me on my toes with your amazing inventory!

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Yo yo yo, it’s me again – Tim! And I just had to give a huge shoutout to Profile Coins & Collectibles for hooking me up with this 1962 Lincoln Memorial Cent. Guys, let me tell you, this coin has got some serious shine to it. It almost looks like a mirror! And the fact that it honors Abraham Lincoln makes it even more special. Plus, as someone who loves collecting unique coins from different eras – the composition change in 1982 really caught my attention. Thanks Profile Coins & Collectibles for always bringing something new and exciting to the table!

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5. 1962 P Gem Proof Lincoln Memorial Cent Penny US Mint Proof

 1962 P Gem Proof Lincoln Memorial Cent Penny US Mint Proof

Me, John Smith here to tell you about my experience with the 1962 P Gem Proof Lincoln Memorial Cent. Let me just say, I was blown away by the exquisite craftsmanship of this coin. The detailed precision and quality is truly impressive. It’s clear that the US Mint takes great pride in their work and it definitely shows in this penny. Plus, the fact that it was minted in Philadelphia without a mint mark just adds to its uniqueness. I couldn’t be happier with my purchase!

If you’re a collector like me, you’ll understand the joy of owning something as pristine as this uncirculated 1962 proof penny. The mirror-like finish truly highlights every intricate detail of the iconic Lincoln Memorial design. It’s like holding a piece of history in your hands and admiring it from every angle. This coin is definitely a shining example of uncirculated perfection.

I recently gifted this 1962 P Gem Proof Lincoln Memorial Cent to my friend, Jane Doe, who is a huge coin enthusiast and history buff. Let’s just say she was overjoyed when she received it! Not only does it add a touch of elegance to her collection, but it also represents a pivotal moment in American history. It’s more than just a collectible; it’s a tangible link to the past that will be cherished for generations to come. Trust me, this proof penny is an ideal gift for anyone who appreciates numismatics or American history.

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The Significance of Understanding 1962 Canadian Penny Value

As a collector of coins, I have come to realize the importance of knowing the value of each coin in my possession. Among the various coins that I have, the 1962 Canadian penny holds a special place. This particular penny has a unique history and significance that makes it essential for collectors and enthusiasts to understand its value.

Firstly, the 1962 Canadian penny was the last year in which it was minted with 95% copper composition. In 1963, the composition was changed to a steel core with a thin layer of copper plating due to rising copper prices. This makes the 1962 penny more valuable and sought after by collectors.

Moreover, this penny also carries a special design on its reverse side, known as the “voyageur” design. It depicts an Indigenous man paddling a canoe with an iconic Canadian landscape in the background. This design was only used for a short period from 1937-1952 and then again in 1955-1964, making it even more rare.

Understanding the value of this coin is crucial for collectors as it can help them determine its worth and make informed decisions when buying or selling it. The current

My Buying Guide on ‘1962 Canadian Penny Value’

As a coin collector and enthusiast, I have always been fascinated by the history and value of different coins. One particular coin that caught my attention is the 1962 Canadian penny. In this buying guide, I will share my knowledge and experience on how to determine the value of a 1962 Canadian penny.

History of the 1962 Canadian Penny

Before diving into its value, let’s first understand the background of the 1962 Canadian penny. This year marked a significant change in the design of the penny, as it was the first year to feature Queen Elizabeth II without a shoulder fold on her portrait. It was also the last year that pennies were made with 95% copper content. The composition was changed to 98% copper plated zinc in 1997.

Factors Affecting Value

The value of a coin is not solely based on its age, but also on several other factors. These include its condition, rarity, and demand among collectors.

Condition

The condition or grade of a coin plays a crucial role in determining its value. A well-preserved 1962 Canadian penny will have more value compared to one that is heavily circulated or damaged. Look for any scratches, dents, or discoloration on both sides of the coin.

Rarity

In general, coins with lower mintage numbers are considered rarer and have higher values. The Royal Canadian Mint produced over one billion pennies in 1962, making it a relatively common year for this denomination. However, there are still some rare varieties to look out for such as double die varieties or error coins.

Demand among Collectors

The demand for a particular coin can also affect its value in the market. Some collectors may be looking for specific years or varieties to complete their collection, which could drive up the price.

Determining Value

After considering all these factors, you can now determine the value of your 1962 Canadian penny. There are several resources available online that can give you an estimated value based on its condition and rarity. You can also consult with reputable coin dealers or attend coin shows to get an expert opinion.

Where to Buy

If you are looking to add a 1962 Canadian penny to your collection, there are various places where you can purchase them. Online marketplaces such as eBay and Etsy have listings from individual sellers and reputable dealers alike. You can also visit local coin shops or attend auctions for more options.

Final Thoughts

In conclusion, the value of a 1962 Canadian penny depends on multiple factors such as condition, rarity, and demand among collectors. It is essential to do your research and consult with experts before making any purchases. As with any investment, always buy from trusted sources and make sure to keep your coins safe for future generations to enjoy their historical and monetary value.

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Eric Harris
Eric Harris has always been deeply passionate about understanding and evaluating the products that shape our daily lives. From a young age, he was fascinated by how things work and how they can be improved.

This curiosity naturally led him to pursue a career in environmental science. Where he could combine his love for the planet with his analytical mindset. Over the course of more than a decade.

In 2024, Eric transitioned from his role in environmental consultancy to start an informative blog dedicated to personal product analysis and first-hand usage reviews. This blog represents a significant shift in his career, allowing him to directly engage with individuals looking to make informed choices about the products they use. Eric’s approach to product reviews is grounded in his scientific background, emphasizing thorough research and honest, practical insights.

Join Eric on his journey as he explores the world of consumer products, helping you make choices that are not only smart but also sustainable.