So long, penny. Here in Canada, the government has decided to put you out of production – you cost 1.6 cents to make and so you just don’t make economic sense. As of Feb. 4, 2013, the Royal Canadian Mint has stopped making you.
Even though you clog up my purse, I’ll miss you.
You see, I can’t pass up a penny. Whenever I see one laying in the street, I pick it up.
“Find a penny, pick it up, and all day you’ll have good luck.” This rhyme is part of my inner dialogue. I know that, now the penny’s gone, when I see a nickel, say, on the ground, I’ll say to myself, “Find a nickel, pick it up …” but it won’t have the same ring. I’ll pick it up anyway.
Since the penny is only supposed to be good luck if you give it away, I always put whatever I find into a charity box if there’s nobody close by. Charities might miss these pennies, I think.
They were a very handy way of teaching kids how to count to ten – and then teaching them units of ten, leading up to 100 and $1, $10, $100 and so on. That just became a bit more difficult – they’ll have to skip straight to the dime. How are parents going to explain that a dime is made up of ten cents? I’m glad my kid’s beyond that stage.
Now that the penny’s out of production, when we’re paying cash, stores will round up or down to the nearest 5 cents. So if the bill comes to $1.42, you’ll only pay $1.40; if $1.43, you’ll pay $1.45.
I guess that means, if my thoughts were once worth a penny, they’re worth nothing now. We have thought deflation. Which is kind of depressing when you think about it.
At least, that’s my two cents’ worth.