Canada got rid of our penny over ten years ago and honestly its a good move. They are truly useless
Discussion
I miss flicking them.
How are the value of pennies that are still around doing? Any market for them?
Wondering if I should take my 5gal water jug full of pennies in, or save em and sell em when I'm 70.
🤣
NZ too. Coins change all the time actually. NZ dumped the 1c and 2c pieces in 1988-1990.
In 2004 all the coins changed since the metal was becoming worth more than the face value, and the 5c was dumped.
We now have: 10c, 20c, 50c, $1 and $2 coins.
Before 1967, NZ was using pounds with: halfpenny, penny, threepence, sixpence, shilling, florin, and halfcrown
Inflation slaughters the penny... Who's next?
Good shims
The nickel is next ☠️
Once upon a time we had the half penny.
The better move would have been to end monetary inflation; thus, allowing a naturally disinflationary economy. Make Pennies Great Again!