payment in coins [...] is a legal tender for no more than [...] twenty-five cents if the denomination is one cent." On February 4, 2013, the Mint began melting down the estimated 35billion pennies that were in circulation. On the same day, Google celebrated the beginning of the end for the Canadian penny with a Google Doodle. Cash transactions are now rounded to the nearest multiple of 5 cents. The rounding is not done on individual items but on the total bill of sale, with totals being rounded to the nearest multiple of 5, i.e., totals ending in round down to 0, totals ending in round to 5, and totals ending in round up to 10. To honour the penny, the Royal Canadian Mint released several silver and gold coins and collectibles on their website, including a miniature gold coin, a gold-plated silver coin, a five-ounce silver coin, and a five-coin set of silver coins, showcasing the evolution of the penny's designs since the Mint began operation. Commemorative editions First strikes Mintage See also Dei Gratia Regina, which appears abbreviated on the face of the coin References External links Value of Canadian Pennies Coinage Designs of 1967 All you need to know about Canada's penny withdrawal CBC News, March 30, 2012. Coins of Canada One-cent coins 1858 establishments in Canada 2012 disestablishments in Canada Pennies