OT: Death of the Canadian penny

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Last day of distribution...

Canada's penny heads into retirement

 

[mattola]

 

[sabresfaninthesouth]

If only the US could follow suit.

When it costs more to make the coin than the value of the coin...well, that's basic economics then.

 

[Forty_Sixand2]

Lol at the queen being on your money. :p

 

[dash]

Lol at the queen being on your money. :p

I thought it was Freddy Mercury...

 

[jstewismybastardson]

its actually wayne gretzky on our penny

 

[dash]

its actually wayne gretzky on our penny

Bettman still owes #99 800,000,000 of those copper pieces.

 

[Forty_Sixand2]

We have me in wigs and old school yoga pants so draw your own conclusions.

 

[awaz]

If only the US could follow suit.

When it costs more to make the coin than the value of the coin...well, that's basic economics then.

new get rich quick scheme?

collect pennies, melt them down, and sell the copper?

 

[puckhead]

Lol at the queen being on your money. :p

meh. we win anyways.

 

[Destroydacre]

Does this mean I'll stop getting them in my change?

On a somewhat related note, a couple years ago I was at a Subway and the cashier wouldn't take a penny because it was Canadian. I wish I was joking about that.

 

[dash]

On a somewhat related note, a couple years ago I was at a Subway and the cashier wouldn't take a penny because it was Canadian. I wish I was joking about that.

lol - Is that an example of being penny wise and pound foolish?

 

[sabresfaninthesouth]

Does this mean I'll stop getting them in my change?

On a somewhat related note, a couple years ago I was at a Subway and the cashier wouldn't take a penny because it was Canadian. I wish I was joking about that.

A couple months after they introduced the Sacagawea $1 coins, I went to pay with them at Mighty Taco and was told they don't accept Canadian money.

When I pointed out that they were US dollars, the girls turned to the manager and asked "do we accept these?"

I wish I was joking.

 

[BOSSMANPC]

I thought it was Freddy Mercury...

No that was an American dime.

 

[dare2be]

lol - Is that an example of being penny wise and pound foolish?

now why bring the British into this??



...oh wait

 

[sabresfaninthesouth]

I thought it was Freddy Mercury...

 

[BOSSMANPC]

I've got a few hundred 1967 Centennial pennies that I'm going to hang on to.

 

[LeaderOCola]

If only the US could follow suit.

When it costs more to make the coin than the value of the coin...well, that's basic economics then.

uh, not even close.

 

[sabresfaninthesouth]

uh, not even close.

Were you saying the US is not even close to getting rid of the penny?

Or were you debating my point about the penny costing more to make than it is worth?

 

[dash]

Pretty sure one of the major reasons that Canada is dumping the penny is the fact that it costs 1.6 cents to make...