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Thread: Canadian penny, 1858-2013

  1. #21
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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by polgara View Post
    Good afternoon, CJ. What are they proposing to use in place of money?
    Hi Lady P - hope you're well - in Canada, most people have really taking a liking to bank debit cards and they're accepted everywhere - it's much safer than carrying cash around.

    The only problem is when your bank has a burp and their system goes down and nobody can access their money!

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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by CanadaJohn View Post
    I don't know what American mint costs are but the Canadian penny cost .016 to make a .01 face value coin.
    I don't know what is costs to make a nickle, but I read somewhere that with the metal involved, it's worth seven cents. Of course it's against the law to melt them down, but still.....

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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by polgara View Post
    I don't know what is costs to make a nickle, but I read somewhere that with the metal involved, it's worth seven cents. Of course it's against the law to melt them down, but still.....
    Well... there goes "a penny for your thoughts".
    Should have figured you would be on the only Canadian news story in a century John.
    :O
    Hello to you both, gotta run for now, see you later.
    Nothing in excess.

  4. #24
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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by Fog hit View Post
    Well... there goes "a penny for your thoughts".
    Should have figured you would be on the only Canadian news story in a century John.
    :O
    Hello to you both, gotta run for now, see you later.
    Hi Foggie - nice to see you again - and just so you know, this isn't the ONLY Canadian story of the century - there's pipeline discussion here today too - it's almost all Canada all the time here!!

  5. #25
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    Re: Canadian penny, 1858-2013

    About time.
    Your damn Canuck pennies make it all the way down here and get mixed up for US pennies all that time.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by Harry Guerrilla View Post
    About time.
    Your damn Canuck pennies make it all the way down here and get mixed up for US pennies all that time.
    We have trouble getting rid of all those American coins up here now that the Canadian dollar is on a par or higher valued. In addition, the damn things are slightly thicker than Canadian coins so they screw things up when you try to roll coins.

    But we still love you guys up here!

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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by CanadaJohn View Post
    We have trouble getting rid of all those American coins up here now that the Canadian dollar is on a par or higher valued. In addition, the damn things are slightly thicker than Canadian coins so they screw things up when you try to roll coins.

    But we still love you guys up here!
    Well, if you're going to taint our money supply, at least have the nerve to do so with $C.
    I want some of those nifty bills.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by Harry Guerrilla View Post
    About time.
    Your damn Canuck pennies make it all the way down here and get mixed up for US pennies all that time.
    Ewwwww! Do they give you cooties?
    “No men are anywhere, and I’m allowed to go in, because I’m the owner of the pageant and therefore I’m inspecting it,” Trump said... “‘Is everyone OK’? You know, they’re standing there with no clothes. ‘Is everybody OK?’ And you see these incredible looking women, and so I sort of get away with things like that.”

  9. #29
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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by Middleground View Post
    Ewwwww! Do they give you cooties?
    A rash, I'm allergic to stamped maple leaves.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  10. #30
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    Re: Canadian penny, 1858-2013

    Quote Originally Posted by CanadaJohn View Post
    I don't know what American mint costs are but the Canadian penny cost .016 to make a .01 face value coin.
    Here is an article I found that says

    "For the fiscal year ending September 30, 2012, the unit cost for the Mint to produce and distribute the cent was 2.00 cents and the unit cost for the nickel was 10.09 cents. This compares to costs from the prior fiscal year of 2.41 cents and 11.18 cents, respectively."

    Cost to Make Penny and Nickel Declines But Still Double Face Value | Coin Update

    It costs double to mint the coins then they are worth.

    Hardly seems worth the effort.

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