Should 1p and 2p coins be scrapped?
- Thread starter Ice Tea
- Start date
In europe they just rounded up initially, now items are generally priced according to this.
Soldato
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- 11 May 2007
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I'd rather pay £1 than have 1p knocking round my jean/wallet forever.
Scrap em and 5p, 10p, maybe even 20p.
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I'd keep 20p, they're handy for stuff like the air pumps for your tyres at petrol stations etc. but anything below that can go - does anything even cost 10p or less these days?
I think (would hope) everyone is wise to the psychological scam that is "oh it's only 99p, not even £1!"
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Eurozone countries have one cent coins, why did they need to round up?
You'd like to see prices rounded up to the next 10p or 20p?
Given that the current trajectory of the pound means a loaf of bread is soon to cost £5, I don't see that the odd 10p here or there is going to make a difference
Soldato
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What's their scrap value? Are they still made of copper?
So they do! I thought it was all of Europe, turns out it's only the Netherlands and Finland.
we'd cope the same way we did when the half penny was binned and the same way loads of other countries have when worthless coinage has been abolished.
The penny is already worth less than the half penny when it was binned and the 2p is just pointless. I'd quite like to see an end to 99p pricing as it is just such a pathetic way of trying to make something look cheaper same way 'd ban the .9p on the end of petrol prices!
Anything since the early 90's is plated steel before that a copper alloy.
I think Belgium too and maybe some others. (?)
Makes sense to me. I just have them laying around being annoying.
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Are you saying you want to kill all the old people?
Either round it or in another country I've been to, you don't give change.
India? Half joke... but apparently cornershops make a lot of money from people saying "keep the change" to them.
Obviously it depends how busy said shop is, but I have a very busy one down my road [I nearly always have to queue] and they told me they make quite a bit that way.
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It did at one time serve the purpose of forcing shop assistants to register the cash and give change rather than pocketing the money.
Yeah, I always understood this was the main reason why items were priced at £x.99
This comes up every few years, I wouldn't be upset to see the end of the 1p and 2p coins. I haven't used cash for a long time but when I did, if I got any coppers, I'd always just leave them on the side in the kitchen and anyone out of my wife and kids who got to them first was welcome to them.
You're off by about 3,500 miles
. It was Nigeria for anyone who is curious.I seem to remember hearing something similar about banks. They like to keep the fractions of pennies for certain transactions which quickly adds up.
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Soldato
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I can‘t remember the last time I thought of copper coins as anything but a pain in the backside. I used to carry Pound coins to get coffee when I commuted across London, but now I only ever put €1 and €2 Euro coins in my pocket if I don’t have €5 note to pay for a couple of beers at the bar on a Tuesday night.
Mostly cashless these days, so any change gets thrown into a bag where it sits until we remember to drag it into the bank or the machine at a local supermarket which take the coins and gives your a in-store credit note to the same value.
Mostly cashless these days, so any change gets thrown into a bag where it sits until we remember to drag it into the bank or the machine at a local supermarket which take the coins and gives your a in-store credit note to the same value.