An Interesting Read - On The Demise Of The One Cent Coin

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Author	Replies: 6 / Views: 1,719
Coinsplus Valued Member Canada 430 Posts	Posted 01/09/2020 1:39 pm I happened to stumble across this Senate of Canada Committee on the discussion of the elimination of the one cent coin. This was back in 2010. It's a chuckle to read the 'experts' talk. https://sencanada.ca/en/Content/Sen...fina/48215-e I had Professor John Palmer, as my professor during my university days. He hated the penny, and was a vocal opponent. Report this Post to the Staff

jbuck Moderator United States 187950 Posts	Posted 01/09/2020 2:00 pm That is a very interesting read! Nearly eight years later and the "leaders" to your south have yet to figure out that the cent is a loser. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
CitationSquirrel Pillar of the Community United States 1026 Posts	Posted 01/09/2020 2:16 pm There is an old episode of Married with Children where Al's neighbor Steve just got back from a banking conference where they discussed getting rid of the cent. His line was great. "It was horrible. We were pelted with pennies by the anti-penny people." Every time I hear about this topic, that line always pops into my head. Report this Post to the Staff
okiecoiner Pillar of the Community Canada 5585 Posts	Posted 01/09/2020 2:50 pm I agree ... a very interesting read! Report this Post to the Staff
TheForce Pillar of the Community United States 4867 Posts	Posted 01/11/2020 11:00 am Only if the US would follow suit and eliminate the penny... As a cashier I can tell you most people don't want them and put them in the take a penny tray. Canada and other nations that got rid of them didn't fall off the map. The US is just so set in their ways they just resist change, (pun intended). Report this Post to the Staff
john100 Pillar of the Community Canada 5324 Posts	Posted 01/11/2020 12:09 pm The US lobbying efforts by self interest companies, just throws common sense or cents out the window. In Canada, we certainly don't miss the penny or dollar bill Report this Post to the Staff
jbuck Moderator United States 187950 Posts	Posted 01/13/2020 08:57 am Quote: The US is just so set in their ways they just resist change, (pun intended). Truth. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 6 / Views: 1,719

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