Woke up to find out that our Canadian Penny is now defunct. As of now retailers will round up or down unless paying by debit. The bank will not issue pennies anymore. This is due to budget cuts as each Penny costs 1.6 cents to make due to copper/zinc prices (sometimes making a copper penny up to 4 cents in worth).
The only bafflement is how can the Treasury afford to change the face of the quarter so often (eight more this year), making Olympic Quarters and province quarters, etc as there are 510 types of commemorative quarters. And lest you think whoever designs there is ‘hip’ to fashion, the winter Olympics quarters had the Paralympics represented by a single quarter: wheelchair curling.
I do think the red and silver ‘Santa’ quarter is cool, simply from a design point of view.
The Canadian Mint also puts out colourized quarters on Canada Day to attract younger collectors. And in 2011 they started doing special sets for Births, Toothfairies, Birthdays and such.
"Look Janey, the toothfairy kept your tooth and left this lovely collectors set from the Royal Canadian Mint." Hmmm, doesn't really rock it for me.
Japanese tradition is to throw them on the roof to help your teeth grow in straight (same tradition in Togo and Sri Lanka). Oddly, in France, the old tradition is money for tooth under pillow, but that is traded by a mouse that crawls under your pillow at night (from 17th century La Bonne Petite Souris). I think telling me at age seven that a mouse was coming in bed would have kept me up all night with a hammer.
Bye-bye Canadian penny, including those 14 pennies I swallowed at age three, screamed because I thought I might explode if they didn't digest and then told my Nana that a giant had come through the window and forced me to swallow them.
I even remember when the penny was 12 sided (1982-1996).
1 day ago