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Kittigate

Do you think the penny coin should be discontinued?

Canada discontinued minting the penny several years ago so we could sell more copper to the US -so they can make pennies.

Posted - February 18, 2019
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Responses


  • 44603
    Our pennies are actually copper plated zinc since 1982. Yes...we should stop making them except for proof sets.
      February 18, 2019 7:17 AM MST
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  • 13395
    Ok. I have not seen ANY pennies for a few years now. 
      February 18, 2019 7:20 AM MST
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  • 44603
    I sent you some.
      February 18, 2019 7:26 AM MST
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  • 13395
    Right ok, I still have them yet. Canadian pennies would stick to a magnet so I guess the mint must have been using some kind of cheap recycled steel coated with copper 
      February 18, 2019 7:32 AM MST
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  • 44603
    Probably nickel.
      February 18, 2019 10:31 AM MST
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  • 34251
    No, we still use them daily. 
      February 18, 2019 7:36 AM MST
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  • 19937
    Yes - it's a waste of money.  Everything should be a flat amount.  
      February 18, 2019 8:37 AM MST
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  • 13395
    Even though Canada got rid of the penny stores still price things 29 cents, 99 cents etc and cashiers round off to the nearest nickel giving change.
      February 18, 2019 11:55 AM MST
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  • 19937
    That works, too. :)
      February 18, 2019 8:42 PM MST
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  • All currency is on the way out. The world is moving toward a completely cashless society. It's not about finding a better way. It's more about a one world system.
      February 18, 2019 8:38 AM MST
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  • YES at work i always round to the nearest five cents and give people nickels. i HATE pennies 
      February 18, 2019 8:56 AM MST
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  • 13395
    That's good idea. 
      February 18, 2019 11:57 AM MST
    0

  • 5835
    A quarter now has as much value as a copper penny used to have. The zinc penny with copper coating costs almost twice as much as the melt value of its metals. The only reason the country still makes pennies is that the zinc miners lobbied for it to protect the jobs in the industry.

    https://www.coinflation.com/
      February 18, 2019 1:21 PM MST
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