Question: how much is a pound of canadian pennies worth?
Answer: From May 2006 to October 2008, all circulation Canadian pennies from 1942 to 1996 had a melt value of over CA$0.02 based on the increasing spot price of copper in the commodity markets. The break-even price for a 2.8 g solid copper penny is US$1.61/lb, with prices during this period reaching as high as US$4/lb.