2002 Canadian Penny
The 2002 Canadian Penny is a one-cent coin struck for circulation with 716.4 million made. Value band: face value. Here is how to recognize it, what makes one worth more and what to check on yours.
- Year
- 2002
- Circulation mintage
- 716,366,000
- Value band
- Face value
- Composition
- Copper-plated zinc (98.4% zinc, 1.6% copper plating)
Original illustration of the coin's shape and metal. Tap to flip. Not a picture of the actual design.
Face value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 2002 Canadian Penny worth?
With 716.4 million made, the 2002 Canadian Penny is common. A circulated one is worth face value. The cent is still legal tender even though the Mint stopped issuing it in 2013. Only coins with full original red color, a recognized variety or a genuine error interest collectors.
What would make yours worth more:
- Full original red color
- A recognized variety or a genuine mint error
- Coins from a specimen or proof set
For market prices, look at recent sold results for the same coin in the same condition, not asking prices.
Quick answers
- Is the 2002 Canadian Penny rare?
- No. 716.4 million were made, so circulated examples are worth face value.
- How many 2002 Canadian pennies were made?
- 716,366,000 were struck for circulation.
- What is the 2002 Canadian Penny made of?
- Copper-plated zinc (98.4% zinc, 1.6% copper plating). It weighs 2.25 g and measures 19.05 mm.
- Is the 2002 Canadian Penny still legal tender?
- Yes. The Royal Canadian Mint stopped distributing cents in 2013, but they remain legal tender. Cash payments are rounded to the nearest five cents, so most pennies now sit in jars or go to banks.
The 2002 penny in context
Cents dated 2002 carry the double date 1952-2002 for the queen's Golden Jubilee. This version has no P and is made of copper-plated zinc, with 716,366,000 struck. It carries de Pédery-Hunt's crowned portrait and is not magnetic. A P marked steel version also exists with a much smaller mintage. Worn 2002 cents still turn up in jars and are face value.
How to recognize it
The 2002 Canadian Penny is round, 19.05 mm across and copper-plated zinc (98.4% zinc, 1.6% copper plating).
2002 Canadian Penny by the numbers
By the numbers, the 2002 Canadian Penny ranks 129th lowest of 151 Canadian cent dates and varieties from 1858 to 2012. The next scarcer is the 1976 Canadian Penny (701.1 million); the next more common is the 1986 Canadian Penny (740.3 million).
For scale, the most common is the 1981 Round Canadian Penny with 1.21 billion, about 1.7 times as many. The scarcest is the 1858 Canadian Penny with 421,000, 1702 times fewer than this one.
Compared with the dates around it, the 2002 output was 1.3 times fewer than 2001 and 7.8 times the 2003 figure. Other 2002 cents: 2002 P Canadian Penny (114.2 million).
Over the 2000s the Mint produced 8.29 billion cents across 19 dates and varieties; the 2002 Canadian Penny accounts for 8.6% of that.
What to check on your 2002 Canadian Penny
- Try a magnet: a genuine 2002 Canadian Penny is plated zinc and does not stick.
- Check the color. Collectors describe copper cents as red, red-brown or brown; bright original color is worth far more than toned or dull surfaces.
- Never clean it. Rubbing, polishing or dipping leaves fine scratches and an unnatural color that collectors spot at once.
Crowned and uncrowned portraits, 1990 to 2003
Dora de Pédery-Hunt's crowned portrait of the queen arrived in 1990, making her the first Canadian artist to design the royal effigy for Canada's coins. In 1992 cents carried the double date 1867-1992 for the 125th anniversary of Confederation. The 12-sided shape ended after 1996. From 1997 the cent was round again and made of zinc with a thin copper plating, 2.25 g, as the price of copper made a solid bronze coin too costly. Cents dated 2002 carry 1952-2002 for the Golden Jubilee of the queen's accession.
Copper-plated steel arrived on circulation cents dated 2002. These are marked with a small P for plated and weigh 2.35 g and for several years zinc and steel coins were made side by side. In 2003, fifty years after the coronation, Susanna Blunt's portrait replaced de Pédery-Hunt's. It shows the queen without a crown and it stayed on the cent until production ended. That gives 2003 four distinct types: crowned without a P, crowned with a P, uncrowned without a P and uncrowned with a P.
The useful checks here are the portrait, the shape and a magnet. A 12-sided coin is from 1996 or earlier. A P under the portrait means plated steel and a fridge magnet will pick those up while zinc cents ignore it. On 2003 coins, look at the queen's head first: a crown or bare hair tells you which portrait you have. Mintages are huge, apart from a few short runs in 2003, so almost every coin here is face value unless it is a variety in sharp condition.
Mintage chart
Specifications
| Country | Canada |
|---|---|
| Denomination | 1 cent |
| Issuer | Royal Canadian Mint |
| Year | 2002 |
| Circulation mintage | 716,366,000 |
| Composition | Copper-plated zinc (98.4% zinc, 1.6% copper plating) |
| Weight | 2.25 g |
| Diameter | 19.05 mm |
| Shape | Round |
| Edge | Plain |
Other 2002 Canadian pennies
| Coin | Circulation mintage | Value band |
|---|---|---|
| 2002 P Canadian Penny | 114,212,000 | Face value |
Mintage figures: Penny (Canadian coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Canadian Mint figures. How we build these pages.