Call to remove 1c and 2c coins from circulation. Do you wait for small change?

IvaBigWun

The Chief Executive of Wexford Chamber of Commerce has said she believes that the Central Bank should remove 1c and 2c coins nationally after a successful trial in the town.

Speaking on RTÉ's News at One, Madeleine Quirke said there was very positive feedback after the trial.

A total of 250 shops took part in the trial during September, October and half of November.

Retailers rounded up or down total purchases to the nearest 5c to avoid using 1c or 2c coins.

Ms Quirke said the feedback showed that it had all balanced out.

"Shops didn't make money on it and consumers didn't lose out. From everyone's point of view it was beneficial."

http://www.rte.ie/news/2013/1118/487450-coins-wexford/

Do you wait for small change in a shop?

Sh1tbag OToole

Its bad form to run away just as someone is about to hand you a cent. If you dont want, throw it in the poorbox


In before some fecker mentions "swedish rounding"

Too fecking right I do! Look after the pennies....

seanie_c

Weren't there people claiming to throw these in the bin? Must have been during the tiger days.

vicwatson

Madeline talking rubbish, the trial was generally not adhered to by retailers according to my sources, so no one can say whether it was a success or not, just get rid of the darn pennies and twopences !

BillyMitchel

Nah, I leave if its under 5cent. Just tell them to put it in one of the boxes.


It's how I roll.

WoollyRedHat

Change we can believe in! You know it makes cents.

Brego888

Sh1tbag OToole wrote: »

Its bad form to run away just as someone is about to hand you a cent. If you dont want, throw it in the poorbox


In before some fecker mentions "swedish rounding"

What's Swedish rounding?

IvaBigWun

Brego888 wrote: »

What's Swedish rounding?

Sounds like an adult party game.

Tell us more

Sh1tbag OToole

seanie_c wrote: »

Weren't there people claiming to throw these in the bin? Must have been during the tiger days.

During the tiger there were people throwing €2 coins into the bin because they don't do change.

I just hope there was some clever shopkeeper who milked this for all it was worth by changing the price of a breakfast roll to €5.10 (effectively €10 after he goes through the bin)

RayM

I wait. If there's a charity box, I throw it in. When I worked in a shop, it used to really annoy me when people walked away out without their change - even if it was only 1c.

Vincent Vega

I'll wait for 1c/2c change out of courtesy to whoever is serving me, but I'd rather not have to consider them currency at all.
Once they leave my pockets when I'm home I never think to use them again unless they're going in a charity box.
Not for the first time the Dutch have the right idea.

wp_rathead

they should get rid of it.. but until they do.. i wait..

WoollyRedHat

If you don't want to wait to take the change or whatever but want to be courteous to the cashier serving you, just ask them nicely to put it in the charity box for you and away you may go

Missyelliot2

I lived in the Netherlands about 10 years ago, and it was common practice to 'round up/down' to the nearest 5c. I really had no problem with it at all - it seemed like common sense. No awful tiny coins in your pockets - coins that are seldom used.
Also, would never insult a poorbox by throwing in 1/2c.

That's my 2 cents worth.....

oppenheimer1

vicwatson wrote: »

Madeline talking rubbish, the trial was generally not adhered to by retailers according to my sources, so no one can say whether it was a success or not, just get rid of the darn pennies and twopences !

The central bank wants rid of these coins so forgive me for being cynical but I think the outcome of this "experiment" has already been determined.


The argument goes that the coins cost more to make than they're worth so are a loss for the central bank. However they "make" plenty on notes so they can afford this cost easily.

ted1

The kids (2 and 4) get my shrapnel. If they get rid of the small ones it could cost me more or else the kids will be disappointed

a fat guy

Of course I'll wait for a cent, or three.

Perhaps more than three? Certainly.



Two cents can go to hell though.

I once spat in a shopkeeps face when he tried to give me back a two cent coin.

I told him to give me two single cents and I wouldn't complain to the manager.

Bastard.

greenflash

Anything under 10 cents goes into a charity box in the shop (provided it's not religious). All other coins go into a JD tin in the house, which is emptied two or three times a year. Usually get €3-400 in the tin which goes towards something for the house or into the kids savings account. Getting rid of 1 and 2 cents makes sense but will probably affect charity incomes a bit.

mike65

It goes in the chariddy box - the one for cancer, not the Catholic church.

musicfan1ie

Depends really. Generally, not bothered and would tell cashier to put it in charity box. But at somewhere like tesco, dunnes it's almost a point of principle. I don't want them to end up with it. They can afford it more than me

Lapin

If the ECB just did the sensible thing and introduced a 99 cent coin, we wouldn't have to worry about having so many silly pennies or stand there waiting for 1 cent in change.

rainbowdrop

In local shops where they know me, I don't wait for 1 or 2c coins but i'l always tell the cashier 'it's ok about the change' if I'v spent slightly under a euro multiple.They would normally just throw it in the till.

At the same time, if I spent for example €10.02 or €5.07 or something just over, they would usually round it so I'd get an even amount in change.

It all balances out in the end....

If I was in a big supermarket, I'd most likely be doing 'a big shop', so would be paying by card so it would'nt be an issue....

Tangatagamadda Chaddabinga Bonga Bungo

Small shops will obviously round up which will be annoying.

Big supermarkets better not round up or down individual items though. If the sum total of your shopping comes to 99.99 then I'm okay with paying 100, but if they use it as an excuse to round up/round down, but actually just round up all their items you could end up paying an extra few euros for the same amount of stuff.

I remember when the euro came in, I was a younger me then (obviously) and in good faith I trusted what I was told of what the conversion of pounds would be. 1 bottle of coke in pound money = 1 euro, you can't forget that right, 1 bottle of coke = 1 euro, but it just kept going up over that year and by the end of it it was like 1.20 for a bottle of coke, way way way above inflation.

So this is just another exercise in me paying more for the same, I'm used to it from a young age.

SeanW

The only reason we still "need" these coins is because retailers think their customers are a bunch of morons so they "psycohologically price" stuff so that €9.99 looks like its less than €10 or €59.99 ah sure that's better than €60.

If a shop starts that s*** with me, you bet I'm going to wait for my change. I don't care if its a penny from €100 (item priced so much better at €99.99) that coin is MINE!

Festy

Judging by the poll so far there seems to be a lot of misers on here.

vicwatson

oppenheimer1 wrote: »

The central bank wants rid of these coins so forgive me for being cynical but I think the outcome of this "experiment" has already been determined.


The argument goes that the coins cost more to make than they're worth so are a loss for the central bank. However they "make" plenty on notes so they can afford this cost easily.

Sorry did you read my post? The retailers took a half arsed view of the trial. No need for trials, just get shot of them

Alannah Gallagher

Thing is if you don't take it what does the checkout operator do with it? If her till is always over the boss is going to think she can't count.

The joke is it costs more than a cent to make a cent coin.

It will cause problems for the small outfits that have 10 year old tills that can't cope with Swedish Rounding, one of the local shops still gives receipts with a £ sign on ffs.

Our shop just has everything priced in multiples of 5c so the only 1s and 2s we get are ones the customers give us.

Missyelliot2

Alannah Gallagher wrote: »

Thing is if you don't take it what does the checkout operator do with it? If her till is always over the boss is going to think she can't count.

The joke is it costs more than a cent to make a cent coin.

It will cause problems for the small outfits that have 10 year old tills that can't cope with Swedish Rounding, one of the local shops still gives receipts with a £ sign on ffs.

Our shop just has everything priced in multiples of 5c so the only 1s and 2s we get are ones the customers give us.

But can't the checkout operator just chuck them into a bowl/somewhere separate until they eventually are out of circulation?
Maybe make it a countrywide charity drive? Get rid of 1/2c coins and donate the amount raised to charity?

Kiwi in IE

The most ridiculous thing about the copper change is that it is not able to be used in the only places it is good for. Pay and display meters don't accept it, and neither do toll bridges that you pay for as you go through.

I once spent a long time, as a passenger in the car, counting all our 1 and 2 cent peices up to make up the amount of the charge on an up coming toll bridge, only to throw it in the basket and none of it registered.

Either the stupid coins are legal tender or they are not, and if they are then they should be able to be used everywhere! Including parking meters.

Get rid of them I say! 10c is the lowest denomination necessary. The coppers have no real value as you are hardly going to scrounge around counting the ridiculous things at a shop counter.

General General

The Chief Executive of Wexford Chamber of Commerce has said she believes that the Central Bank should remove 1c and 2c coins nationally after a successful trial in the town.

Speaking on RTÉ's News at One, Madeleine Quirke said there was very positive feedback after the trial.

A total of 250 shops took part in the trial during September, October and half of November.

Retailers rounded up or down total purchases to the nearest 5c to avoid using 1c or 2c coins.

Ms Quirke said the feedback showed that it had all balanced out.

"Shops didn't make money on it and consumers didn't lose out. From everyone's point of view it was beneficial."

Tell that to those poor 1 & 2 cent coins missing out on vital hand warmth... you heartless f`cken bast'rd.

poeticseraphim

IvaBigWun wrote: »

http://www.rte.ie/news/2013/1118/487450-coins-wexford/

Do you wait for small change in a shop?

Ten cent and five cent then become their equivalent over time really though.

Missyelliot2

Kiwi in IE wrote: »

The most ridiculous thing about the copper change is that it is not able to be used in the only places it is good for. Pay and display meters don't accept it, and neither do toll bridges that you pay for as you go through.

I once spent a long time, as a passenger in the car, counting all our 1 and 2 cent peices up to make up the amount of the charge on an up coming toll bridge, only to throw it in the basket and none of it registered.

Either the stupid coins are legal tender or they are not, and if they are then they should be able to be used everywhere! Including parking meters.

Get rid of them I say! 10c is the lowest denomination necessary. The coppers have no real value as you are hardly going to scrounge around counting the ridiculous things at a shop counter.

Completely agree.... they are so useless. Am keeping mine in a jar and every so often go to the supermarket to get them converted in 'Coinstar' at the princely cost of 9.5% - my bank will no longer accept them.

Go the Dutch route!

Kiwi in IE

If they could be used in parking meters and toll bridges they wouldn't be quite as useless as you can count them in your own time for those uses. Standing at a checkout taking ages to count silly little coins to make up your total is rude and inconsiderate to the staff and others waiting behind you.

coinflip13

At whatever point in the past that a pound note was equal to about 48 euro nowadays, a farthing was equal to about 5 cent. This point would have been around the 1950s. By the 1950s farthings were considered useless and bus conductors would accept them. And they were useless for over 50 years before then. And that was for coins which even at their most worthless were over twice as valuable as our 2 cent coins. Scrap the 1 and 2 cent!
flip them all

IvaBigWun

Festy wrote: »

Judging by the poll so far there seems to be a lot of misers on here.

And the exact same % dont wait for their small change

Pushtrak

vicwatson wrote: »

Madeline talking rubbish, the trial was generally not adhered to by retailers according to my sources, so no one can say whether it was a success or not, just get rid of the darn pennies and twopences !

So, we'd go from cents to no cents?

minidazzler

oppenheimer1 wrote: »

The central bank wants rid of these coins so forgive me for being cynical but I think the outcome of this "experiment" has already been determined.

The argument goes that the coins cost more to make than they're worth so are a loss for the central bank. However they "make" plenty on notes so they can afford this cost easily.

It costs retailers money to buy 1 and 2 cents too (along with all other coins) And while 1 and 2 euro coins they'll get back, 1 and 2 cent coins are almost always dead money. Once it leaves the till it's gone.

I'm just delighted bars don't use anything less than 10 cent. makes my job far easier.

IvaBigWun

minidazzler wrote: »

It costs retailers money to buy 1 and 2 cents too (along with all other coins) And while 1 and 2 euro coins they'll get back, 1 and 2 cent coins are almost always dead money. Once it leaves the till it's gone.

But surely they'll get it back from those that dont wait for their change

stefan idiot jones

They round up/down to the nearest 5c in Australia and it's great.

Men no longer weighted down with a weeks worth of shrapnel and again men no longer waiting in queues for women of all ages paying the cashier with the exact amount 'to get rid of my coppers'.