2002 p magnetic

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gramps32
Posts: 21
Joined: Sat May 05, 2012 10:07 am

2002 p magnetic

Post by gramps32 » Wed Sep 05, 2012 4:00 pm

Have found one 1952-2002 p canadian penny , very dark brown and is magnetic .

Is this a rare type ?
Tried to take a picture , just to dark to show up .

Dennis.

la cenne
Posts: 74
Joined: Mon Aug 01, 2011 7:02 am
Location: Valleyfield,Qc

Re: 2002 p magnetic

Post by la cenne » Thu Sep 06, 2012 7:37 am

Not rare as mintage for that coin is 114,212,000
I have a few.Here is one
Image

gramps32
Posts: 21
Joined: Sat May 05, 2012 10:07 am

Re: 2002 p magnetic

Post by gramps32 » Fri Sep 07, 2012 5:02 pm

So , you are telling me that for this year penny
that they had both magnetic and non magnetic coins
in 2002P.

la cenne
Posts: 74
Joined: Mon Aug 01, 2011 7:02 am
Location: Valleyfield,Qc

Re: 2002 p magnetic

Post by la cenne » Sat Sep 08, 2012 7:55 am

In 1997 the cent changed from copper to copper plated zinc CPZ (non magnetic).They are still produced today The P cents are minted from a copper plated steel CPS planchet which the Mint started using in 1999 as a new process and therefore is magnetic.The P stands for the plated steel ones . Both types get minted and we have both kinds in circulation.With some years for which only one type was minted.

So the P mark on the cent is for magnetic,no mark is non magnetic.When a handling mistake is made (volontary or not ) at the Mint we may find a P exemple which is non magnetic and a no P which will be.

I am not aware that in 2002 there are P which are not magnetic and a 2002 which are.

Hope this help :Lecture:

gramps32
Posts: 21
Joined: Sat May 05, 2012 10:07 am

Re: 2002 p magnetic

Post by gramps32 » Wed Sep 12, 2012 10:44 pm

I have a roll of each p and non for 2002 and both are non magnetic .

la cenne
Posts: 74
Joined: Mon Aug 01, 2011 7:02 am
Location: Valleyfield,Qc

Re: 2002 p magnetic

Post by la cenne » Fri Sep 14, 2012 9:33 am

I would love to have one of your 2002P non magnetic.Send me an email. :D

gramps32
Posts: 21
Joined: Sat May 05, 2012 10:07 am

Re: 2002 p magnetic

Post by gramps32 » Fri Sep 14, 2012 1:35 pm

I have only come across one so far in this group of coins . I will have it checked out to make sure its authentic . Seems to be a bit smaller in diameter and thinner.

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