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Randomness ([personal profile] randomness) wrote2012-04-02 07:05 pm
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Canada will stop minting pennies in April.



Canada joins Australia and New Zealand in ending production of 1 cent coins. Australia stopped minting them for circulation in 1991, and New Zealand in 1987.

From the Globe and Mail:
The last one-cent coin will be minted this April, ending close to 150 years of the issuance of Canadian pennies. This unit of currency was first produced in 1858 although Canadian-based minting of the coin only began in 1908.

The Royal Canadian Mint will stop distributing pennies to financial institutions in the fall of 2012 and the government will work to withdraw one-cent coins from circulation.
If anyone has some Canadian pennies they'd like to sell me I'll be glad to buy them at face value. I'll also pick them up, if you're willing to wait for my next visit.

(For that matter, if you have other random coins lying around, I'd have a look at those too.)

[identity profile] octopussneakers.livejournal.com 2012-04-02 11:33 pm (UTC)(link)
I've got Rupee coins if you want one...possibly up to 15 cents worth. (ie...thirty rupees)
redbird: closeup of me drinking tea, in a friend's kitchen (Default)

[personal profile] redbird 2012-04-03 01:38 am (UTC)(link)
I have some Canadian pennies in the bag of Canadian currency. I'm not sure how many, but I suspect that if I set them aside now, there will be more in a few weeks. (If I don't set them aside, I might manage to spend as many as I get in change on my next trip to Montreal.) Come by sometime.

[identity profile] r-ness.livejournal.com 2012-04-03 12:42 pm (UTC)(link)
That'd be great!

Thanks! Let's meet up when I'm back in town.
Edited 2012-04-03 12:42 (UTC)

[identity profile] r-ness.livejournal.com 2012-04-03 12:43 pm (UTC)(link)
That'd be great, thanks!

Come by sometime.

I will. It's been a while since I came by your end of the island.

[identity profile] achinhibitor.livejournal.com 2012-04-04 03:02 am (UTC)(link)
The inflation calculator says that a penny circa 1858 would be worth about a quarter now.