So today is officially the last day of the Canadian penny which will from tomorrow forward start to become an endangered species as they will no longer be produced, but collected and melted down by the bank. While I understand the decision since pennies have lost almost all value, something tells me I’m going to miss these little suckers…
(Aren’t the maple leaves pretty?)
It is a reflection of how much consumption has taken over the world. Pennies are obviously not made of copper anymore, but if they were, where would our economy be now? And will this result in future purchases by cash being rounded to their nearest value of 5 cents?
Anyway, I know there are A LOT of pennies still out there, but it wouldn’t hurt to save some of your shiniest or oldest because one day, they really will be lucky pennies.