[Newsbot]

<strong>Title: </strong> <a href="/link.php?id=26803" target="_blank">The winds of change could bring $5 coin</a> (click to view)

<strong>Category:</strong> <a href="/news/topic/14-misc-cdn" target="_blank">Misc CDN</a>
<strong>Posted By: </strong> <a href="/modules.php?name=Your_Account&op=userinfo&username=Hyack" target="_blank">Hyack</a>
<strong>Date: </strong> 2007-11-05 09:16:44
<strong>Canadian</strong>

[kitty]

i am going to need a bigger purse

[BartSimpson]

A $5 coin would be excellent for bridge tolls, vending machines, and etc.

[danikyvor]

The sad thing is, a $5 coin would STILL be lighter than any of the stupid coins here in the UK haha

[hurley_108]

dimoreien dimoreien:

The sad thing is, a $5 coin would STILL be lighter than any of the stupid coins here in the UK haha

That 50p coin sure is a biggie! I personally like the chunkiness of the £1 coin though.

[danikyvor]

I don't like the £1 coin......or the £2..even though it's slimmer, it's huge. The toonie isn't even that big lol

[Canadian_Mind]

A 5 dollar coin makes sense to me; however, the elimination of the penny does not.

Why eliminate the penny is prices will still have a 1 cent denomination? Why eliminate all one cent denominations, leading to 2 cent denominations for pricing. We could then just artificially double the value of the dollar, so that two past dollars would by one future dollar, and two past pennies would buy 1 future penny? thus the need for a penny again.

[SprCForr]

Keep the bill. Too damn much change now as it is.

A $5.00 coin is too "Euro".

[xerxes]

Agree as well. A $5 coin is unnecessary. If the royal Canadian Mint is going to use the line that it's cheaper to change bills to coins then they might as well start doing the same to every bill in our currency.

$1000 coins anyone?

[TattoodGirl]

Geeezzzz....more change for the kids to take....its getting expensive

[ryan29]

not that interested in idea of $5 coin , just too many coins out there allready .
like some bills in my wallet instead of coins .

[Arctic_Menace]

No $5 coin. Fuck that.

[G-prime]

Can we have a fish on it, a BC salmon or something, so we can call it a "Fin"?! its important we keep our puns (loony with a loon, toony worth two) it's a part of Canadian tradition!

[romanP]

Canadian_Mind Canadian_Mind:

A 5 dollar coin makes sense to me; however, the elimination of the penny does not.

From a current economic standpoint, it does unfortunately make sense. It costs around $6 to make a penny now, and there are around 600 pennies for every person in Canada. You do the math.

$1:

Why eliminate the penny is prices will still have a 1 cent denomination? Why eliminate all one cent denominations, leading to 2 cent denominations for pricing. We could then just artificially double the value of the dollar, so that two past dollars would by one future dollar, and two past pennies would buy 1 future penny? thus the need for a penny again.

I think getting rid of the penny is going to cause some seriously bad pricing issues, because any way you shake it, somebody ends up losing money where they wouldn't have previously.

[ShepherdsDog]

Make the strippers work for that 5 dollar tip.