Worthless Coins
 

Re: Worthless Coins
 

we went oposite dropped £1 note produce the £1 and £2 coin.

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They can drop one and two pence coins here as far as I'm concerned.

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WE still have £1 notes in Scotland, although they are getting harder to find now.

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well you wont find them in England. That 'legal tender' isnt acceptable.

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you can spend the notes in wales and england ;) by the way legal tender only applies to debts

http://www.royalmint.com/aboutus/pol...der-guidelines

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you can spend it but a fair few dont accept it.

i thought legal tender meant legit money in cash
en.m.wikipedia.org/wiki/Legal_tender

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I have a few euros kicking about, I think they are worthless :D

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most do think that ;)

but i did "O" level Commerce many many moons ago and that's one of the few things i remember from it lol

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:)

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Absolutely not.The more they remove the lower denomination coins the more prices get rounded up by 5p instead of to the nearest penny..Inflation is already rampant.:(

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Not necessarily. You can still have penny prices. It's just the total bill that gets rounded (when paying cash). Finland and the Netherlands do this. People just prefer it to walking around with a pocket full of copper.

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5p coins can be dropped, they are utterly useless, and easily lost.

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I don't walk around with pockets full of change.I put mine into a large tray at home and when I get enough I take them to the local Asda and use the coin bin and convert it to silver or even better paper money.;)

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Why pay a percentage to the machine? Just count it yourself and save more.

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Because I don't want to count hundreds of copper coins..the percentages are so minute so it is be worth it.

---------- Post added at 09:20 ---------- Previous post was at 09:17 ----------

Oh and in the meantime I actually try to give the right change from my purse to the annoyance of all the young whipper snappers in the queue behind me, instead of breaking a new note every time or even a pound coin.:rolleyes:

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I got turkish coin the other day its like a £2 coin.:mad: slightly Lighter little thinner it is. You just dont realise until you look at it.

Noticed there alot more fake money around. £20 fake notes doing the rounds at moment.

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I disagree, I would get rid of copper coins.

I would make the 5p the lowest denomination coin in the UK.

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COPPER! you're having a larf mate! They might look like copper, but get hold of a magnet and wave it over the top and just see how they stick to it like S**t to a blanket!

Seriously -one thing I guess would happen though, is that traders would profit from rounding up their prices, I.e. no more of this £1.99, etc.

What I'd like to know is how petrol stations can charge prices based in fractions of a penny, E.g. £1.32.9p per litre - I've never seen this anywhere else how come they can get away with this??

Si thee :Sprint:

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http://www.bbc.co.uk/iplayer/episode...Series_2_1976/

Watch from 14 minutes 6 seconds in. I had a chuckle watching this the other night. It's funny that it's being mentioned here today.

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FFS. "Copper" is obviously the generic term for that type of coin, I know it isn't made of copper.

Just the same way I know that 5, 10, 20 & 50 coins aren't made of "silver"

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Must be something big going on somewhere because I've been approached numerous times by people offering to sell me £20 notes at £5-£10 a note.