why cant we do without 1 pence pieces ?

[dmax]

everything is £ 1.99 , £ 4.99 , £2.79p why not £3 , £1, £9 ? just wondering

[redman41]

It's just a Marketing ploy to make the Goods seem cheaper, if only by one Penny !

[willowman]

1 Shopkeepers still think that we are all fooled into thinking that £2.99 sounds cheaper than £3
2 Charging this amount (in large stores) means that the assistant has to ring in the amount and open the till in order to give change, thereby cutting down on possible fraud.

I have drunk in pubs where the landlord puts cash in a jar if you tender the right amount. At first I thought that he was going to enter it all as one amount at the end of the evening, but then it dawned on me he was not going to put it through the till at all.

[DrFilth]

a kebab shop opened selling them at £3, every night he got just a couple of customers. he lowered his price to £2.99 and bingo his sales rocketed.
if you shop at m & s a lot of their prices are £4.99, £5.99 etc

[seekeerz]

in Oz, they've done away with 1 and 2 cent pieces, so anything marked at $2.99 gets automatically rounded up to $3.00 - we know we're being ripped off but what can you do !!

[factor-fiction]

Because people doing quick mental calculations are fooled- for example they think something reduced from £4.99 to £2.99 has been halved in price, or that buying 2 bottles of wine for £3.99 will cost them £6 something

[mollykins]

when do you think it'll become so that we don't need a 1p coin?
when nothing was worth 1/2p apart from some obscure thing that you'd never buy just one of (say a single bit of small food like a grape), they did away with it didn't they.

[mollykins]

and there may have been other reasons, but i wasn't born then so i don't know.

[ummmm]

1/2p...!!!

We use to get 2 sweets from the shop for that. I'm 36....so not that old..!!!

[hc4361]

It is so that shop assistants have to put the sale through the till to get the change instead of putting the fiver in their pockets.

[DrFilth]

proper money

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[factor-fiction]

I don't think it's anything to do with shop assistants having to open the till to take out a penny change. Customers expect a receipt anyway. And if a shop assistant wanted to get round it they could simply keep a pile of pennies by the till, and not charge their mates. There are more effective fraud checks that stores use.

[mollykins]

if they wanted to get rid of pennys they'd probably make things £x.98 if its for the security reasons already been mentioned.

[carlton23]

My missus still falls for it, so if an article was £4.00 she wouldn`t buy it. Does my nut in.

[spudqueen]

In the shop I work in there are a lot of customers who say to put the change in the charity box - it is often only a penny, or maybe twopence change, but it all adds up for the charity which benefits.

[jno]

carlton, with all the pennies she's saved she'll be able to run off with Garth Brooks.

[carlton23]

jno, he`s gone all religious, and not her type.