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 Replies: 23 / Views: 4,419 |
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Bedrock of the Community
Canada
10743 Posts |
Just received a copy of Canadian Coin News, Front page says Mint thinking about discontinuing the small cent, Nations such as Australia, Finland, and New Zealand have abandoned the small coin.
So what do you guys think, Should it go?
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Pillar of the Community
United States
4589 Posts |
I think Canada has been proactive, since I could remember and I do think it will pass. Think about how long ago they did away with the Paper dollar America is still contemplating that issue as well as small cents.
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Pillar of the Community
United Kingdom
2217 Posts |
Not a Canadian here - but from a brit's perspective a 1 cent piece is worth about 0.45 pence and we gave up the halfpenny in the 80's...
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Pillar of the Community
Canada
965 Posts |
Penny should be long gone. The nickel should go too, but that creates bigger issues with the quarter. One step at a time.
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Pillar of the Community
United Kingdom
2217 Posts |
All small change should be gone and we should use Gold and Silver again!  |
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Bedrock of the Community
United States
62064 Posts |
The bottom part of the image doesn't show it, but it is 1967, the last year they made the Penny and Half Penny. I liked the reverse design.  The half Penny is about the size of a quarter and the one Penny is about the size of a half dollar. Not sure what the composition is. But interesting designs. They were all recalled and reissued with a new currency. Don't know much more about them. Sorry. |
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Pillar of the Community
United States
597 Posts |
The 10¢ coins need to be the smallest denomination coins in both Canada and the US. The 1 and 5¢ coins are nothing but jar and trash material, yes people really do throw them away.
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Bedrock of the Community
 Canada
10743 Posts |
Well! I suppose one could look at it this way,If there isn't any more pennies or nickels, it would make ours worth a lot more, And if they are throwing Lincoln cents away I could use a few.  |
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Pillar of the Community
United States
819 Posts |
I used to get so mad. I worked at a place where the manager would take any foreign coin from the cash register, and throw it into the office trash can. He never did understand why I'd fall over backwards to take the trash out.
And yes. "Find a penny, pick it up, and all day you'll have good luck." I ought to be the luckiest person on the face of the planet. ^^ Most of the times the pennies show damage from having been on the asphalt, but not always. And even if it's a barely recognisable lump of copperzinc... it's still worth a cent. One hundred of them add up to a dollar, and I don't know that many people who will toss a dollar bill into the bin. Though... I might start checking for the dollar coins.
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Pillar of the Community
United States
4589 Posts |
__QUOTE ScottishMoney___________________________________________________________________________________________________
The 10¢ coins need to be the smallest denomination coins in both Canada and the US. The 1 and 5¢ coins are nothing but jar and trash material, yes people really do throw them away.
________________________________________________________________________________________________________________
You can even throw them at me as long as I get to keep them LOL.
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Valued Member
United States
253 Posts |
ElleKitty I'm a penny picker also . lets not forget sales tax. I'm sure that local governments would love to round up to the next quarter dollar  Jeff |
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Pillar of the Community
United States
2600 Posts |
Count my wife and I as penny pickers. You would be surprised at how much money you can pick up. Deb and I do something very different with our finds, though. Each year (after I have gone through them) they are counted, then we match what ever the amount is and donate the entire amount to a charity. Our count year goes thru the end of March, just happens to be when we started this. Anyway, just counted before posting this so I could share the total with you and it is $67.23. Not a huge amount, but every little bit helps.
Jim
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Pillar of the Community
Canada
1106 Posts |
Personally I would hate to see the elimination of the 1 and 5 cent coins. How boring would getting change back with the only minor denominations being the 10 and 25 cent pieces. I am surprised to hear coin collectors supporting this.
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Valued Member
United States
336 Posts |
i just bought a 1925 canada penny in vf xf for only 30.00 total with shipping.i think this is a cheap deal.and it was off ebay! |
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Valued Member
Canada
351 Posts |
I do NOT support this at all. I think its ridiculous but think of that value of our collections if this did happen!
Ive been hoarding new rolls of cents just in case It does happen..
heck, its only 50 cents a roll!
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New Member
Canada
43 Posts |
Another vote here for keeping the 1¢ & 5¢ coins. Between them they have both of Canada's most enduring national symbols, the beaver and the maple leaf. If they go you may as well take away hockey and Tim Horton's too.  Edited by Stewie
03/23/2008 10:42 pm
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Replies: 23 / Views: 4,419 |
Posted 09/10/2007 8:07 pm
