With the official demise of the penny now beginning, one Newfoundland singer-songwriter has penned a song based on the one-cent coin's death.

According to Canada.com Liam Peacock wrote a song entitled "1,800 Coins" which was posted on YouTube on Sunday. So far the video has received just over 40 hits..

"We plan for windfalls, rewards, but they're all scrap copper now / Dump them all out it's how it would be / Roll them in paper while watching tv," Peacock sings about losing the pennies which helped him pay for pizza deliveries in some instances. Peacock is also using the song as part of an album he's entering into the 2013 RPM Challenge, an annual contest for Newfoundland musicians which started in 2008 where the goal is recording a full-length album in the month of February.

As previously reported, the Canadian penny is being phased out with prices on various goods now being rounded either up or down to the nearest nickel.

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  • Ben Kweller "Penny On The Train Track"

    I surely can't be the only one with fond memories of squishing pennies flat on the train tracks by my childhood home. But in not too long, only people as old as these awesome ladies will remember destroying pennies in such an awesome manner.

  • Skydiggers "A Penny More"

    Canadian roots rockers The Skydiggers landed their biggest hit with "A Penny More," a bitter song that will one day make no cents, er, sense to the kids.

  • Slade "In For A Penny"

    When this song based on the expression "in for a penny, in for a pound" came out, Melody Maker savaged it, saying "it promises little for the future of the band." And now the penny is out of circulation, just like Slade.

  • Sonny Rollins "Penny Saved"

    A penny saved used to mean a penny earned. But now it means nothing. Sorry, Sonny.

  • Ronnie Lane "Give Me A Penny"

    Former Faces/Small Faces guitarist was rock 'n' roll royalty. But as a working class Brit who had to earn his way to the top he knew the value of a penny.

  • Peter Frampton "Penny For Your Thoughts"

    My thoughts? Well, I guess the worth of my thoughts have now risen to a nickel. You're gonna have to pony up, Peter!

  • Dean Martin "Pennies From Heaven"

    Don't worry, Dean, this song isn't going anywhere, even if pennies themselves will soon be as elusive as, well, heaven.

  • Nat King Cole Trio "Got A Penny Benny"

    Nat sings "I went to the bank, but they had none to spare." Tell me about it, man.