• Pennies aren't worthless. They're legal tender and carry a value of 1 cent. That's why a Utah man tried to pay a disputed $25 doctor's bill in pennies. After he presented the clinic with almost 14 lbs of pennies and demanded that they count them, he was found guilty of disorderly conduct and fined $140. Hopefully he didn't try to pay the fine in pennies as well. [url]
• Have you ever wondered why there are 100 cents in a dollar? In 1784, Thomas Jefferson suggested that the U.S. dollar should be decimalized, and being the influential guy that he was, he managed to convince the government to follow the suggestions he proposed in his essay, "Notes on the Establishment of a Money Unit, and of a Coinage for the United States." [url]
• Coin collectors can now get their very own platinum-plated "trillion dollar coin" for just $9.95. The coins commemorate the idea that the U.S. Treasury could simply mint a $1 trillion platinum coin to get around the debt ceiling. Apparently, U.S. law allows the Treasury to produce platinum coins in any denomination. [url]
• The Royal Canadian Mint wants to create a secure digital alternative to cash in the form of MintChip. The MintChip smart card chip could be installed in a number of devices, and value would be transferred onto the chip by a MintChip broker, allowing users to securely exchange Canadian dollars both online and offline. [url]

“We have helped this guy out by giving him a break,” Alex Reeves, communications manager for the Royal Canadian Mint, said Tuesday.

“Now that we have explained the rules and the policy, it’s very clear what the implications are for using the penny’s image. And we’re certainly being consistent in the applications of our policy for any for-profit use,” he said.

“It is pennies to them but is pretty substantial for me,” said Gunning, who won two East Coast Music Awards in 2011, adding “we really had no idea” the ode to the penny was going to land him in hot water.

To be clear, the album cover shown above does not infringe any so-called intellectual property rights of the mint because:

• If there ever was copyright in the Canadian penny, which is doubtful, it has long since expired and the above album cover would not be infringing copyright in any event
• The above album cover does not "use" or "adopt" the Canadian penny in any technical sense covered by the Trade-marks Act.

Someone over at the Mint should learn some basic facts about intellectual property law, This kind of thing makes people lose respect for IP law and for the credibility of government institutions. There’s nothing funny about that.

The mint did not only waive the fee for Mr. Gunning, but said it would also review its intellectual property policy to ensure that it’s fair.

“We recognize our policy as it is today may not consider the individual needs and circumstances of those who request the use of our images,” spokeswoman Christine Aquino said from Ottawa.

“We’re allowing [Gunning] to do this and we truly wish him well in his career.”

“Everything’s gonna taste better now. I’m gonna sleep better,” laughed Mr. Gunning, who said he was overwhelmed by the attention his story had generated across Canada and the United States.

“This all started very simply from the fact that I’ve got a wife and three kids and just want to be able to make a living, and felt that I had to stand up for that.”