Oh, Canada. Look at you being all smart again, eh.
As of February 4th, Canadian pennies are no long in circulation. The move is expected to save Canadian taxpayers about $11 million a year; it costs 1.6 cents to make each penny. Similarly, efforts to abolish the American penny—whose production cost also exceeds its monetary value—are gaining traction.
The most diminutive of currency will be rounded up and melted down for its alloys by the Royal Canadian Mint—which, by the way, sounds delicious.
Naturally, the mint is offering a one-time, super-special opportunity to pay $9.95 for a roll of 50 1-cent coins.
Before the Canadian penny is nothing more than a wistful memory, here are a few things you can do instead of tossing them in the trash when emptying your pockets of old receipts and whatnot:
- Toss them in wishing wells.
- Fill the slots in your loafers.
- Tape one to the tail of your kite for a little more stabilizing weight.
- Give them to trick-or-treaters. (They love this.)
- Slip one under a vase that sits a little wobbly.
- Give somebody one for their thoughts.
- Glue one to the bottom of each shoe… tap dance shoes!
- Fill a sock with the coins for self defense.
- Buy 0.0100215 American dollars.