[net.rec.coins] canadian pennies

laura (12/09/82)

	The Canadian government has been complaining that the real
value of the penny is now far more than $0.01 for many years now.  Their
solution was to make the penny smaller in diameter.  Before they could
implement this new idea there was a horrible squawk from the Toronto
Transit Commission - (The bus & subway company).  It seems that the
new government pennies are exactly the right size to be accepted by
the automatic token turnstiles and that it would cost 6 million+ to
renovate the new equipment.  

	I know that Bermuda dimes (or whatever they are called) get you
a $0.70 ride for $0.10, so it seems a legitimite concern.  I think that
this may be the solution to the octagonal 82 pennies...

				laura creighton
				decvax!utzoo!laura

rew (12/10/82)

Trinidad pennies turn out to be almost exactly the same
size as US (and I believe, but less certainly, Canadian) dimes.
NYC pay phones in certain neighborhoods yield about 80%
Trinidad pennies in their collection boxes.

Bob Warren
cbosgd!nscs!rew