Mike Perron wants to collect one million pennies to donate to charities such as Chalice.
Don't look now, but Mike Perron wants to get his hand in your penny jar.
By the time he's done, he plans to have 2,500 kg of pennies. That's one million coins, or $10,000, which Perron will give to charity.
"I'm determined that I am going to do this one million pennies," said Perron, a financial advisor from Brantford, Ont.
Perron has been hatching his plan since first hearing of the Canadian Mint's intention to phase out the penny. The final coin was minted last May and the pennies began to be removed from circulation Feb. 4.
"I read an article about phasing out the penny and I saw another article about people possibly saving these pennies for charity and I thought that was a good idea," he said. "But I put it in the back of my mind."
In December Perron began to ponder the pennies again.
Then someone mentioned the possibility of collecting a million pennies.
"I said, well, let's be unreasonable, let's do that; let's go get a million pennies."
The money will be divided with 80 per cent going to the children's charity Chalice and the rest to Hamilton Right to Life.
Perron collected his first copper on Jan. 5. A week later he had 2,000 pennies rolled and ready for the bank. By Feb. 4, the day that Canada's six billion pennies in circulation officially began to be phased out, Perron's penny count was more than 20,000, worth $200.
He says it will take a year to reach his goal. Those who want to contribute can contact him at email@example.com.