dr- read up on the clad coin act of 1977. all US pennies produced after 1982 have a zinc alloy center. dozens of pets die every year in the us from zinc poisoning after eating a 'modern' penny. they are still not magnetic, though.
wanna see something neat- scratch the edge of one of these pennies so the zinc shows a bit. drop it in sulfuric acid for a couple days. the zinc is gone, and the penny is completely hollow, paper thin shell.
allan