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so the canadian mint officially stopped producing the canadian penny yesterday. as of today, february 5, 2013, there will be no more pennies in circulation. it costs 1.6 cents to manufacture the one-cent coin. eliminating the penny is expected to save the government $11 million a year.
rest in piece, canadian penny, you were fun while u lasted.
bd”e.
I feel like the US is not much farther behind in that respect. I sometimes wish agurot would go away as well.
as of today, february 5, 2013, there will be no more pennies in circulation.
Minor nitpick: As of today, there are millions, if not billions of Canadian pennies in circulation and they will be for years to come. However, as of today, no more will be minted.
The Wolf
Smart move by the canadian gov’t. I anticipate the U.S. to follow suit. BTW I knew this day would come, and so I collected lots and lots and lots of pennies for a few years. Only regret was that I should have started earlier.
I always loved shiny new copper pennies. I think I’ll miss them the most.
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