Penny Wise or Senate Foolish?

[Spade]

CBC News - Consumer Life - Penny should be scrapped: Senate panel

Is the Senate leading the nation into penury?

What will become of penny ante?

Will girls named Penny have to change their names?

What will Henny Penny do?

Will several posters on these forums admit to penny's envy? You know who they are!

 

[Mowich]

CBC News - Consumer Life - Penny should be scrapped: Senate panel

Is the Senate leading the nation into penury?

What will become of penny ante?

Will girls named Penny have to change their names?

What will Henny Penny do?

Will several posters on these forums admit to penny's envy? You know who they are!

What will I do with all these jars full of pennies???? :lol:

 

[Spade]

What will I do with all these jars full of pennies???? :lol:

A penny saved (in 1914) is worth $0.001 today! See the Bank of Canada's Inflation Calculator.

 

[petros]

With copper at all time highs they just want to cash in on scrap and you won't see a penny of it.

 

[Spade]

With copper at all time highs they just want to cash in on scrap and you won't see a penny of it.

Buck 'em all!

 

[petros]

Buck 'em all!

If they give me $4 an lb they can have my watercooler jug full of pennies.

 

[Spade]

Hold out for $4.20!
Revealing graphics - Adults only!

 

[petros]

It's too late....It's 4:30

 

[Spade]

It's too late....It's 4:30

4:37 and rising!

 

[petros]

Mineral prices rising only means the US dollar lost that much more today.

 

[Tonington]

With copper at all time highs they just want to cash in on scrap and you won't see a penny of it.

1942-1996 have the best copper content. After 1996, the penny is mostly zinc, until 2000 to present, now mostly steel.

 

[Spade]

1942-1996 have the best copper content. After 1996, the penny is mostly zinc, until 2000 to present, now mostly steel.

Ahhhh... quantitative easing!

 

[Tonington]

Ahhhh... quantitative easing!

Or penny pinching. :lol:

 

[petros]

1942-1996 have the best copper content. After 1996, the penny is mostly zinc, until 2000 to present, now mostly steel.

None of the profits made from scraping the old coins ever hits the books and the amounts aren't exactly chump change either.

 

[Spade]

None of the profits made from scraping the old coins ever hits the books and the amounts aren't exactly chump change either.

"A profit is despised in its own land, and by its own mint, and by its own moneychangers!" Harper 6:1-6

 

[petros]

the words of the prophets are written on the parliament bathroom stalls

Be damned if I'll pay a nickel for your thoughts.

 

[Spade]

the words of the prophets are written on the parliament bathroom stalls

Be damned if I'll pay a nickel for your thoughts.

Cheap at twice the price! A primer on money!
YouTube - Canadian Money

 

[GreenFish66]

How many Canadian Pennies are in circulation?

"There are about 20 billion pennies in circulation across the country and about 600 pennies for each Canadian, said Senator Richard R. Neufeld, deputy chairman of the committee"​

Give all the pennies to charity .Let them turn them into dollars, before the bank scraps them .​

 

[Mic]

save the pennies and the dollars will take care of themselves.

 

[TenPenny]

What is interesting about that proposal is that, 12 months after the penny is phased out, it ceases to become legal tender. Which is a new twist, because even our $1 and $2 bills are still legal tender today.