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Small Change

  • 18-05-2010 07:04PM
    #1
    The Gnome
    Registered Users, Registered Users 2 Posts: 1,403 ✭✭✭


    I'm currently living in the Netherlands and one of the many delights is the lack of 1 and 2 cent coins. Prices still incorporate these denominations (1.37 etc) but what you pay is rounded to the nearest 5 cent.

    Should this be put into practice in Ireland and elsewhere in the EU? Personally I like it, there's less change rattling around and apparently it saves the mints a good bit of money. On the down side I don't have my massive change jar to smash at the end of the year...

    So what's the verdict, should we lose the small change or keep it?

    [EDIT: 1 & 2 cents are still legal tender here, so you can still pay with them if you wish. Never seen it happen though.]

    Should 1 and 2 cent coins be taken out of circulation? 116 votes

    Yes
    0% 0 votes
    No
    57% 67 votes
    Yes, take the 5 cents as well. (I hate copper!)
    25% 29 votes
    This makes no cents! (I don't care)
    17% 20 votes


«1

Comments

  • #2
    Aids By Google
    Closed Accounts Posts: 220 ✭✭Aids By Google


    Lose it. I do most of the time anyways.


  • #3
    [Deleted User]
    Posts: 18,046 ✭✭✭✭ [Deleted User]


    Lose it. I do most of the time anyways.


  • #4
    mink_man
    Closed Accounts Posts: 4,454 ✭✭✭mink_man


    yes.....it should.

    /thread


  • #5
    epgc3fyqirnbsx
    Closed Accounts Posts: 6,228 ✭✭✭epgc3fyqirnbsx


    yep, its the same in australia and it works far better I reckon


  • #6
    niallon
    Registered Users, Registered Users 2 Posts: 2,330 ✭✭✭niallon


    Sure over here that just means that everything €4.99 for example will be rounded up by €1.01 to €6, ya know, cause it's the logical thing.


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  • #7
    TanG411
    Closed Accounts Posts: 2,836 ✭✭✭TanG411


    Keep 'em. I'm not giving a homeless man an ENTIRE 5c.


  • #8
    Cheap Thrills!
    Registered Users, Registered Users 2 Posts: 2,723 ✭✭✭Cheap Thrills!


    YES, take it.

    The coins all look alike, accumulate quickly and weigh a ton. Worthless tat.

    Every so often I remove it from my purse and throw it in jars around the house. Sometimes I just throw it on the floor in piles.

    Fcuking shrapnel !!!


  • #9
    we'llallhavetea_old
    Closed Accounts Posts: 3,971 ✭✭✭we'llallhavetea_old


    get rid. i hoover the bastards outta the sofa regularly


  • #10
    Scarinae
    Registered Users, Registered Users 2 Posts: 11,362 ✭✭✭✭Scarinae


    I've heard they do that in Finland as well... Anyone know if that's true?

    I usually either lose my coppers, or else I occasionally empty them from my purse into charity buckets. Which makes me wonder, would charities lose out?


  • #11
    bluto63
    Registered Users, Registered Users 2 Posts: 2,228 ✭✭✭bluto63


    Keep them. I don't like knowing there's a certain amount of money that you can't ever have because the currency doesn't allow it


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  • #12
    The Gnome
    Registered Users, Registered Users 2 Posts: 1,403 ✭✭✭The Gnome


    Fishie wrote: »
    I've heard they do that in Finland as well... Anyone know if that's true?

    I usually either lose my coppers, or else I occasionally empty them from my purse into charity buckets. Which makes me wonder, would charities lose out?

    Yep, the Finnish do it too and the Belgians are thinking about it last I heard. Germany is against it though. URL="http://en.wikipedia.org/wiki/Euro_coins#Small-denomination_coins"]More here[/URL


  • #13
    PeterIanStaker
    Closed Accounts Posts: 4,072 ✭✭✭PeterIanStaker


    Bring in a 99c Coin!


  • #14
    FearDark
    Banned (with Prison Access) Posts: 9,425 ✭✭✭FearDark


    Aids By Google wrote: »
    Lose it. I do most of the time anyways.
    Deleted User wrote: »
    Lose it. I do most of the time anyways.

    Whats goin on?


  • #15
    Hazys
    Closed Accounts Posts: 7,510 ✭✭✭Hazys


    I have an unhealthy habit of throwing anything worth less than 50c in the bin...


    Its v fcuking annoying to have your pockets filled with change. I dont have a wallet that has a coin purse neither do i want one, too bulky.


  • #16
    Michellenman
    Registered Users, Registered Users 2 Posts: 11,195 ✭✭✭✭Michellenman


    FearDark wrote: »
    Whats goin on?

    Check the sigs too..

    Something ain't right...

    But yeah, down with that sort of small change. Down. Far far down.


  • #17
    [Deleted User]
    Posts: 45,738 ✭✭✭✭ [Deleted User]


    Bring back the ha'penny !


  • #18
    Hazys
    Closed Accounts Posts: 7,510 ✭✭✭Hazys


    I bin anything under a 50 Euro note...whats the point of anything smaller?


  • #19
    Winty
    Registered Users, Registered Users 2 Posts: 1,033 ✭✭✭Winty


    No we need they

    Thats how Big Brother collects our DNA


  • #20
    ibarelycare
    Registered Users, Registered Users 2 Posts: 58,456 ✭✭✭✭ibarelycare


    we'llallhavetea wrote: »
    get rid. i hoover the bastards outta the sofa regularly


    No recession in we'llallhavetea's house :cool:


  • #21
    we'llallhavetea_old
    Closed Accounts Posts: 3,971 ✭✭✭we'llallhavetea_old


    ibarelycare wrote: »
    No recession in we'llallhavetea's house :cool:

    there is i'm afraid, and i believe the hoover is the reason :p


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  • #22
    SugarHigh
    Closed Accounts Posts: 3,265 ✭✭✭SugarHigh


    ibarelycare wrote: »
    No recession in we'llallhavetea's house :cool:
    The oldest profession is the oldest for a reason.


  • #23
    Zebra3
    Registered Users, Registered Users 2 Posts: 14,299 ✭✭✭✭Zebra3


    Never mind the 1 and 2 cent coins, it's the similarity between the 10s, 20s and 50s that pisses me off. :mad:

    Unlike when we had our own currency. :mad:


  • #24
    Gary4279
    Registered Users, Registered Users 2 Posts: 419 ✭✭Gary4279


    imo, all cash should be gotten rid of and it should be done with cards. :D

    *now you dont have to tip anyone.


  • #25
    cson
    Registered Users, Registered Users 2 Posts: 14,665 ✭✭✭✭cson


    Yeah, coming home from abroad when you haven't used Euro notes for a while they're like monopoly money notes.


  • #26
    Stinicker
    Banned (with Prison Access) Posts: 7,098 ✭✭✭Stinicker


    I have a large gallow bottle (weird bottle maybe wine) that I keep lose change in. Two years ago I spent about half an hour sorting through it and the following day I lodged about 3 hundred yo yos in different coinage to the bank! Keep the smaller coins because if they are got rid of with will only allow the ripoff merchants to increase their prices.

    Something that is 99c going to €1 is a 1% price increase and over millions of sales that allows some scummer to increase his profits off the back of the consumer.


  • #27
    Bolag_the_2nd
    Registered Users, Registered Users 2 Posts: 1,224 ✭✭✭Bolag_the_2nd


    Stinicker wrote: »
    I have a large gallow bottle (weird bottle maybe wine) that I keep lose change in. Two years ago I spent about half an hour sorting through it and the following day I lodged about 3 hundred yo yos in different coinage to the bank!QUOTE]

    same here, i chuck all my 50c and under into a big bottle, every now and then i tip it and am always amazed at the amount i get, especially from the 5c 2c and 1c, so keep them i say :)


  • #28
    My name is URL
    Registered Users, Registered Users 2 Posts: 25,626 ✭✭✭✭My name is URL


    No.. just stick them in a box and wait until you can consolidate it in to 1 easy to carry note


  • #29
    The_Minister
    Registered Users, Registered Users 2 Posts: 10,255 ✭✭✭✭The_Minister


    Hazys wrote: »
    I have an unhealthy habit of throwing anything worth less than 50c in the bin...

    You throw 10c and 20c in the bin?

    You sir, do not deserve your money.


  • #30
    Liam Byrne
    Closed Accounts Posts: 18,152 ✭✭✭✭Liam Byrne


    In Australia, they keep the individual prices marked at 1.26, 2.38 or whatever, and it's when the TOTAL is totted up then the rounding takes place.

    AND it's rounded either DOWN or UP - to the closest 5c.

    Because of that, everyone wins and loses some bit during the week, so therefore it should roughly balance out.


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  • #31
    ibarelycare
    Registered Users, Registered Users 2 Posts: 58,456 ✭✭✭✭ibarelycare


    Liam Byrne wrote: »
    In Australia, they keep the individual prices marked at 1.26, 2.38 or whatever, and it's when the TOTAL is totted up then the rounding takes place.

    AND it's rounded either DOWN or UP - to the closest 5c.

    Because of that, everyone wins and loses some bit during the week, so therefore it should roughly balance out.

    Yeah I like that about Australia, but what I don't understand is why they don't have all their prices marked to the closest 5c in the first place? :confused::confused: It would make a lot more sense!


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