Should 1p and 2p coins be scrapped?

Chuk_Chuk said:
You're off by about 3,500 miles :p . 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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Nigeria is absolutely corrupt, I'm not surprised they won't give you change "because of the banks".
 
2 1 pounds get saved for machines, parking etc.
50 20 10 pence get spent at the corner shop, but they take card now so less so going forward.
5 2 1 pence sit in a jar being utterly useless.
 
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Yeah we definitely don't need the 1ps and 2ps

9.95 is fine for shops to dupe people into thing it's not 10 pounds.

Probably 5p could go too
 
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Who unloaded 3 - 4 pound of 1p/2p coins in a corner shop buying stuff in the 90s? Somebody has had to have done it...
 
413x said:
Yeah we definitely don't need the 1ps and 2ps

9.95 is fine for shops to dupe people into thing it's not 10 pounds.

Probably 5p could go too
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Actually, you know what? **** it. Sod all cash, let's get rid of it all, let's even get rid of debit cards and phone payments. We all need to get RFID chips implanted into our brains so that we can pay with the power of thought.
 
Germany is only place I've been in ages were they wouldn't take my card.
Apparently after Corona they are a bit more modern.

I lived here ten years i don't even know what Swedish money/coins look like.

Ones green ones blue ones red :p
 
roccles said:
My kids love the 2p shoving machines in sea side arcades. Sod giving them a pile of 10p. So I say keep em! :cry:
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It was the one with the huge tray that kept slowly sliding back and forth with all the piles of 1p and 2ps. That you were so sure they were all going to fall. :cry:
 
Efour said:
Germany is only place I've been in ages were they wouldn't take my card.
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Germany is a bit strange for that sort of thing. I went into a restaurant in Gutersloh and asked if they took cards. I was told yes. Had my meal, tried to pay with a company Visa and they refused it. Tried to pay with my own Mastercard and they refused it. The only cards they accepted were those drawn on German banks.

I had no other method of payment on me, no cash or anything. They told me where the nearest cashpoint was so off I toddled, got some cash out, went back and paid. I was staying there for a week, I went to that restaurant every evening because it was so good with such a varied menu. When I arrived the next evening, they asked me if I'd got my cash in advance :)
 
Haggisman said:
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?
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All the pumps round me seem to have been put up to 50p, so even 20p coins are useless now!
 
When they last looked at this it was decided that millions which is currently donated to charity would stop as loads of people like me just say put the change in the charity tin.

I would imagine though that since more and more people are paying by car that donations are way down anyway.

My biggest issue with your proposal though is that it immediately increases the price of everything by 1 or 2p and inflation is high enough already.
 
Haggisman said:
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?
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All the ones round here have moved over to contactless cards thank god. I would never have the 20p/50p when I needed it anyway.
 
Greebo said:
All the ones round here have moved over to contactless cards thank god. I would never have the 20p/50p when I needed it anyway.
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How? Do none of you pay any cash/coins to the drivers that deliver your fast food? Back in 2017 that I last remember you had to pay cash/coins to the delivery drivers for the Chinese takeaway. They didn't like it if you only had notes.
 
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I think I started a thread like this a few years ago, so I agree with you OP. My proposal was:

- scrap 1p and 2p coins
- make 5p the new bronze coin, i.e single-digit coins are bronze
- keep 10p, 20p and 50p as silver coins, i.e. double-digit coins are silver
- keep £1 and £2 as gold and introduce a £5 coin as gold, i.e. triple-digit coins are gold
- keep £10 and £20 as notes and make the £50 note more common

There is no need for 99p stores. Have them as pound stores, like Poundland. Other items sold as 99p would be either £1 or 95p, or £4.95 etc. Postage stamps would be in multiples of 5p. Pick 'n' mix would be weighed as multiples of 5p.

The stock market would be exempt because share prices have decimal points e.g. 99.1p per share.
 
Greebo said:
When they last looked at this it was decided that millions which is currently donated to charity would stop as loads of people like me just say put the change in the charity tin.

I would imagine though that since more and more people are paying by car that donations are way down anyway.

My biggest issue with your proposal though is that it immediately increases the price of everything by 1 or 2p and inflation is high enough already.
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I am not surprised they way down if you paying charity by CAR! ha. That must be very many pennies ;)
 
bloodiedathame said:
Scrap em and 5p, 10p, maybe even 20p.
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How can this comment get upvotes?

so get rid of 5/10/20 then a tin of soup that costs £1 can only rise in price to £1.50? then to £2

are you made of gucci belts and bidets or what? can you imagine everything of your grocery shop rising by 50p, the only alternative would be crazy shrinkflation
 
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