Eliminating Coppers.

kneemos

What became of the plan to bin the coppers from our currency.
I know there was a trial in Wexford which came out in favour of getting rid of them afaik,haven't heard anything since though.
Bloody nuisance the sooner they're dropped the better.

iDave

Came in not sure it was about killing policemen or closing a nightclub. Ok coins fair enough.

BOHtox

Harcourt Street just wouldn't be the same

COYVB

They did it over here in Canada recently and it went off without a hitch with shops rounding down for amounts ending in 1-2c and up for amounts ending in 3-4c

FloatingVoter

Prices would just go up. With the new taxes coming in - nobody is in the mood for this. If the coppers bother you, donate them to charity.

The Peanut

COYVB wrote: »

They did it over here in Canada recently and it went off without a hitch with shops rounding down for amounts ending in 1-2c and up for amounts ending in 3-4c

Think it's a good idea and probably inevitable. All prices in Ireland will of course be adjusted to end in 3-4c or 8-9c in the months preceding it.

pajor

COYVB wrote: »

They did it over here in Canada recently and it went off without a hitch with shops rounding down for amounts ending in 1-2c and up for amounts ending in 3-4c

They do it in the Netherlands too. I fúcking love it. Most shops won't even accept 1/2c coins.

frozenfrozen

But where would people get the shift if coppers was gone

Daveysil15

Phew. I thought Coppers was closing there when I read that.

WoollyRedHat

frozenfrozen wrote: »

But where would people get the shift if coppers was gone

Just throw them in a massive barn, blast the top 40 and serve cheap drink, sorted.

5starpool

FloatingVoter wrote: »

Prices would just go up. With the new taxes coming in - nobody is in the mood for this. If the coppers bother you, donate them to charity.

Prices have no reason to go up or even change at all. Items can still cost 3.19 or 1.42 individually, but it's at the till where it gets rounded up or down.

FloatingVoter

5starpool wrote: »

Prices have no reason to go up or even change at all. Items can still cost 3.19 or 1.42 individually, but it's at the till where it gets rounded up or down.

Rounded up exclusively. The only people who benefit are the shopkeepers and the government. If people are so rich that they hate coppers, perhaps they should deal exclusively in folding money and say "keep the change" whenever they make a transaction.
Prices are static things that don't actually think for themselves. The people that choose prices tend to think exclusively about themselves and their best interests. Therefore we round up. Life and greed is not a maths class.

c_man

I wonder how much is taken out of the economy because of 1c and 2c coins. People hoarding them, losing them etc.

FloatingVoter

c_man wrote: »

I wonder how much is taken out of the economy because of 1c and 2c coins. People hoarding them, losing them etc.

You're joking - I drop bagloads down to the bank every 6 months. Nothing like €200 into the account - all over pocket shrapnel.

c_man

FloatingVoter wrote: »

You're joking

No... Fine for you, but I guarantee most people do not bag 1c and 2c coins into the E1 bags. The ones that aren't lost that is.

mickdw

5starpool wrote: »

Prices have no reason to go up or even change at all. Items can still cost 3.19 or 1.42 individually, but it's at the till where it gets rounded up or down.

Yes. This should be simple enough to operate. Someone buys am item for 99c, it gets rounded up to 1 euro. Someone bus 6 items for 99c each, it gets rounded down to 5.90.

Kiwi in IE

Coppers need to either be legal tender or not! At present the places where there is a perfect opportunity to use them, they are not accepted, eg parking meters, toll bridges etc. I once spent about 20 minutes prior to approaching a toll bridge counting out all our discarded coppers that reside in the car ashtray into exactly the right amount, only to throw them into the coin bin at the toll where they didn't register at all. Bloody ridiculous. Just get rid of them. Will also prevent people from standing at supermarket checkouts counting out silly little coins while queues wait behind them.

c_man

Interestingly,

The production of these coins (1c and 2c), whose inside is made of iron and whose outside is copper, is more expensive than their face value. On top of that, there are the considerable costs when the coins have to be distributed to retailers. The European Commission has reported that the difference between the production costs and the face value of the single currency's coins since their introduction has already grown to more than 1.4 billion euros ($1.8 billion).

http://www.dw.de/eu-mulls-scrapping-its-one-and-two-cent-coins/a-16823372

FloatingVoter

Kiwi in IE wrote: »

Coppers need to either be legal tender or not! At present the places where there is a perfect opportunity to use them, they are not accepted, eg parking meters, toll bridges etc. I once spent about 20 minutes prior to approaching a toll bridge counting out all our discarded coppers that reside in the car ashtray into exactly the right amount, only to throw them into the coin bin at the toll where they didn't register at all. Bloody ridiculous. Just get rid of them. Will also prevent people from standing at supermarket checkouts counting out silly little coins while queues wait behind them.

Agreed on the toll bridges etc. The worst queues in supermarkets are caused by the hipsters who appear shocked that you have to pay at the checkout. Cue much fumbling to produce credit card that isn't accepted. More fumbling....success ! Debit card. Now whats my PIN. Tap tap tap tap. Wrong Pin. Go again. Success. Interminable wait for machine to clear it. Wait for receipt. Off with loaf of bread and litre of low fat milk.
Gimme a little old lady counting coppers any day.