The site CoinInflation tracks this phenomena for US coins.

The price of silver droppped when people stopped using silver coins for currency. So, the price of silver does not fully reflect the amount of inflation.

The film industry used to use a huge amount of silver. Electronics use some but not quite as much.

CoinInflation special emphasis on the pre-1982 variety of penny. Wikipedia says Canadian pennies were 98% copper until 1996. I always thought they changed the composition when they added the 12 sided frame.

Coinflation says the melt value of the copper penny is now worth 2.5 cents.

Apparently copper reflects both inflation and the economy at large because it is used in everything from electronics to plumbing. The low price of copper shows that the world economy currently is recessed.

The US nickel is perhaps the most interesting circulating coin as the melt value of the nickel is $0.0665.

Wikipedia says the Canadian Nickel was 99% nickel from 1946 to 1981. I assume that these are out of circulation.

Anyway, I think the penny and the nickel are the most interesting coins to explore in relation to inflation.

!PIZZA

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