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Our Crazy Brothers and Sisters of the north

 
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Toga
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PostPosted: Fri Mar 30 12 11:17 pm    Post subject: Our Crazy Brothers and Sisters of the north Reply with quote

Canada is getting rid of the penny. Yup those copper colored coins well all love to toss into 5 gallon buckets or old water bottles. What do you think? Smile

http://now.msn.com/money/0329-canada-pennies.aspx
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MacEggs
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PostPosted: Fri Mar 30 12 11:38 pm    Post subject: Reply with quote

Finally!! Very Happy That's not crazy!
They're a friggin' nuisance, IMO. Wink
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GF
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PostPosted: Fri Mar 30 12 11:54 pm    Post subject: Reply with quote

I gotta agree with MacEggs on this one, wish the U.S. would do the same.
Try bringing a water jug full of pennies to the bank. Shocked
When production cost exceeds the face value, time to go away.
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MacEggs
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PostPosted: Sat Mar 31 12 12:11 am    Post subject: Reply with quote

Is the nickel next?

http://news.nationalpost.com/2012/03/29/now-the-canadian-pennys-days-are-numbered-is-the-nickel-next/
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roxy
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PostPosted: Sun Apr 01 12 9:34 pm    Post subject: Reply with quote

Getting rid of the penny..

And best of all..

http://www.cnn.com/2012/03/26/world/americas/canada-ontario-legalizes-brothels/index.html?hpt=hp_t3
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Hell Fire Grill
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PostPosted: Mon Apr 02 12 12:08 am    Post subject: Reply with quote

The price of everything already ends in .99, so whats one more penny?


Anything that ever was a penny will now cost you 5.


The penny will be a collector's item from now on, what will they be worth now?
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Toga
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PostPosted: Mon Apr 02 12 11:19 pm    Post subject: Reply with quote

roxy wrote:
Getting rid of the penny..

And best of all..

http://www.cnn.com/2012/03/26/world/americas/canada-ontario-legalizes-brothels/index.html?hpt=hp_t3


I wonder if they will start appearing in Walmart stores across Ontario Smile
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Fig Pucker
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PostPosted: Tue Apr 03 12 12:04 am    Post subject: Reply with quote

GF wrote:
....When production cost exceeds the face value, time to go away.


I'm not so sure about that. A penny is not a single use item. It get's re-used hundreds if not thousands of times. A penny can stay in circulation for many many years. So I don't think eliminating it because it cost more than $.01 to produce is a valid argument. The Goverment isn't "losing" money to produce the cent coin.

Nickels also cost more than 5 cents to produce.


Hell Fire Grill wrote:

"...Anything that ever was a penny will now cost you 5."


Or, you will have to buy a minimum of 5. Wink

Myself, I love saving change in a big jar and haul it to the bank a few times a year to get it counted in the machine. I never fail to walk away with a few hundred bucks (this is mixed change).

The past few years I started tossing the money from the change maching into a specific checking acount and saving it up for "toys". So far it's helped pay for my new 55" Samsung TV and a most recently Weber EP330 Laughing


Keep the Penny!!!!!
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roxy
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PostPosted: Tue Apr 03 12 1:35 am    Post subject: Reply with quote

I save my change as well and we have one and two dollar coins so it sure does add up fast.
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Tim_Abrahamson
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PostPosted: Wed Apr 04 12 9:51 pm    Post subject: Reply with quote

I wonder if they take Loonies?


(Canadian 1$ coins)
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TheNewb
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PostPosted: Mon Apr 09 12 9:19 pm    Post subject: Reply with quote

I just thought about this yesterday as I was walking out of the store and dropped a penny. When I was deciding whether or not to bend over and pick it back up I decided if I left it there it would be the same a littering. It really made me think about the value of a penny since in my head I equated it to be more equal to trash than say a quarter.
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zysmith
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PostPosted: Wed Apr 18 12 4:59 am    Post subject: Re: Our Crazy Brothers and Sisters of the north Reply with quote

Toga wrote:
Canada is getting rid of the penny. Yup those copper colored coins well all love to toss into 5 gallon buckets or old water bottles. What do you think? Smile

http://now.msn.com/money/0329-canada-pennies.aspx


Check out the new collectible quarters.

http://www.thestar.com/news/canada/article/1159649--royal-canadian-mint-makes-glow-in-the-dark-dinosaur-coin
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Toga
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PostPosted: Wed Apr 18 12 5:54 am    Post subject: Reply with quote

I saw those today. They are sweeeeeeet. I may just have to drive a half hour to Windsor to see if I can snatch one up.
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