26-02-2013, 15:44
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#1
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XIV
Join Date: Dec 2009
Location: Crawley
Age: 35
Services: Three Unlimited
Posts: 15,730
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Worthless Coins
Quote:
The coin worth less than any other in the world
This month the Canadian mint stopped distributing the penny, or one-cent piece, as it costs more to make than it is worth. It's far from being the lowest-value coin around, however. Some central banks are clinging on to coins that are truly "small change"...
http://www.bbc.co.uk/news/magazine-21572359
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26-02-2013, 15:57
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#2
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Inactive
Join Date: Feb 2004
Posts: 2,134
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Re: Worthless Coins
we went oposite dropped £1 note produce the £1 and £2 coin.
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26-02-2013, 16:12
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#3
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cf.mega poser
Join Date: Jun 2003
Posts: 16,687
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Re: Worthless Coins
They can drop one and two pence coins here as far as I'm concerned.
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26-02-2013, 17:12
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#4
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Smeghead
Join Date: Feb 2004
Location: Glasgow
Age: 44
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Re: Worthless Coins
Quote:
Originally Posted by mertle
we went oposite dropped £1 note produce the £1 and £2 coin.
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WE still have £1 notes in Scotland, although they are getting harder to find now.
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26-02-2013, 18:37
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#5
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XIV
Join Date: Dec 2009
Location: Crawley
Age: 35
Services: Three Unlimited
Posts: 15,730
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Re: Worthless Coins
well you wont find them in England. That 'legal tender' isnt acceptable.
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26-02-2013, 19:50
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#7
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XIV
Join Date: Dec 2009
Location: Crawley
Age: 35
Services: Three Unlimited
Posts: 15,730
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Re: Worthless Coins
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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26-02-2013, 21:15
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#8
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Mum 30/09/20 Dad 08/08/24
Join Date: Mar 2004
Location: Galactic Sector ZZ9 Plural Z Alpha, A secret Moonbase (shh don't tell anybody)
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Posts: 17,257
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Re: Worthless Coins
I have a few euros kicking about, I think they are worthless 
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26-02-2013, 21:18
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#9
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Inactive
Join Date: Mar 2005
Location: Wales
Posts: 2,509
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Re: Worthless Coins
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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26-02-2013, 21:23
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#10
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XIV
Join Date: Dec 2009
Location: Crawley
Age: 35
Services: Three Unlimited
Posts: 15,730
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Re: Worthless Coins
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27-02-2013, 00:14
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#11
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The Invisible Woman
Cable Forum Mod
Join Date: Jun 2003
Location: between Portsmouth and Southampton.
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Re: Worthless Coins
Quote:
Originally Posted by danielf
They can drop one and two pence coins here as far as I'm concerned.
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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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Hell is empty and all the devils are here. Shakespeare..
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27-02-2013, 01:00
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#12
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cf.mega poser
Join Date: Jun 2003
Posts: 16,687
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Re: Worthless Coins
Quote:
Originally Posted by Maggy J
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. |
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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Remember kids: We are blessed with a listening, caring government.
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27-02-2013, 01:16
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#13
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Dr Pepper Addict
Cable Forum Admin
Join Date: Oct 2003
Location: Nottingham
Age: 63
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Posts: 30,322
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Re: Worthless Coins
5p coins can be dropped, they are utterly useless, and easily lost.
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 Baby, I was born this way.
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27-02-2013, 01:18
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#14
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The Invisible Woman
Cable Forum Mod
Join Date: Jun 2003
Location: between Portsmouth and Southampton.
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Re: Worthless Coins
Quote:
Originally Posted by danielf
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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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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Hell is empty and all the devils are here. Shakespeare..
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27-02-2013, 10:09
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#15
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cf.geek
Join Date: Jun 2010
Location: BL
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Samsung Galaxy S22 Ultra
Posts: 699
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Re: Worthless Coins
Quote:
Originally Posted by Maggy J
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. |
Why pay a percentage to the machine? Just count it yourself and save more.
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