1993 Canadian Penny
The 1993 Canadian Penny is a one-cent coin struck for circulation with 752 million made. Value band: face value. Here is how to recognize it, what makes one worth more and what to check on yours.
- Year
- 1993
- Circulation mintage
- 752,034,000
- Value band
- Face value
- Composition
- Bronze (98% copper, 1.75% tin, 0.25% zinc)
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 1993 Canadian Penny worth?
With 752 million made, the 1993 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 1993 Canadian Penny rare?
- No. 752 million were made, so circulated examples are worth face value.
- How many 1993 Canadian pennies were made?
- 752,034,000 were struck for circulation.
- What is the 1993 Canadian Penny made of?
- Bronze (98% copper, 1.75% tin, 0.25% zinc). It weighs 2.5 g and measures 19.1 mm, with a 12-sided shape.
- Is the 1993 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 1993 penny in context
The mint struck 752,034,000 cents in 1993, the first year after the 1867-1992 double date. The coin is 12-sided and carries de Pédery-Hunt's crowned portrait and Kruger Gray's maple twig. A 1993 cent from pocket change is an ordinary face value coin. Mintages in the mid 1990s stayed in a range of about 620 to 750 million.
How to recognize it
The 1993 Canadian Penny is 12-sided, 19.1 mm across and bronze (98% copper, 1.75% tin, 0.25% zinc).
1993 Canadian Penny by the numbers
By the numbers, the 1993 Canadian Penny ranks 131st lowest of 151 Canadian cent dates and varieties from 1858 to 2012. The next scarcer is the 1986 Canadian Penny (740.3 million); the next more common is the 1979 Canadian Penny (754.4 million).
For scale, the most common is the 1981 Round Canadian Penny with 1.21 billion, about 1.6 times as many. The scarcest is the 1858 Canadian Penny with 421,000, 1786 times fewer than this one.
Compared with the dates around it, the 1993 output was 1.1 times the 1992 figure and 1.2 times the 1994 figure.
Over the 1990s the Mint produced 6.82 billion cents across 10 dates and varieties; the 1993 Canadian Penny accounts for 11% of that.
What to check on your 1993 Canadian Penny
- Check the color. Collectors describe copper cents as red, red-brown or brown; original red 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 | 1993 |
| Circulation mintage | 752,034,000 |
| Composition | Bronze (98% copper, 1.75% tin, 0.25% zinc) |
| Weight | 2.5 g |
| Diameter | 19.1 mm |
| Shape | 12-sided |
| Edge | Plain |
Mintage figures: Penny (Canadian coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Canadian Mint figures. How we build these pages.