coin removal

[suna]

quite some time ago in England there were going to remove small change from the currency that never when to plan i reheard that it back in subject

[another-view]

What?

[Hymie]

I did hear of such a plan, but that the UK government rejected it based on the belief it would fuel inflation (getting rid of the 1p & 2p coins).

Australia does not have 1c or 2c coins, but items in supermarkets are still priced to the cent (e.g 99c). Your total bill for all purchased items is rounded (either up or down) to the nearest 5c.

This appears to work quite well in Australia, but I bet some tight-wads insist on paying separately for two items, each costing 42c.

[suna]

in australia yes lol
and hungary
someone told me frim the contry she come from tho i dint ask she siad there have took out the 1 2 5 10 now things would be expensive lol

[north star]

I remember in Austria about 35 years ago when an Austrian schilling was worth about 2p and each schilling was divided into 1/100's. You were given change AND a 'sweet' to make up any change shortfalls

[beso]

Ah the good old days when a sweet cost a fraction of a cent.

When I was a kid I remember "honey bears" were four for a aussie cent. I took twenty cents to school for lunch and came home with change from a pie, a packet of sultanas and an iceblock.

I was quite amused in 1994 by the US where the nickel five cent coin was laminated with copper in the middle because it would cost too much to make if it was all nickel .

We had a debarcle in Oz when the original fifty cent peice arrived with decimal currency in 1966. They disappered from circulation because they were worth more melted down for the silver content than their face value. We were told some rubbish story about not being able to discriminate them from the twenty cent piece and they were re-released as a nickel dodecagon.

I was so glad when we gave up on the bronze one and two cent pieces. But I often wonder, are we the only country in the world where the two dollar coin is smaller than the one dollar?

I was in Ecuador in 1994. Their sucre was so low in value that the lowest denomination was literally worth less than toilet paper.

[R1Geezer]

Can someone translate please?

[Panic Button]

When we decimalised there was a half P coin, but that was deleted quite soon.