Your 1c and 2c coins are not welcome in Wexford Town

demanufactured · 18-09-2013 11:01PM

Great for putting on the railway track

ShooterSF · 18-09-2013 11:35PM

ScumLord wrote: »

I don't know, I've never been all that inconvenienced by the 1c and 2c. I never really use them but they can give me a nice few euro in savings at the end of the year.

As this initiative is coming from banks I don't trust it. While one or two cent isn't much to us it could work out to hundreds of thousands for them. I think they'll just suck up the value of those coins for their own profiteering.

Our government loses money minting 1 and 2 cent coins that most people find useless. Our economy didn't collapse when we abandoned the half penny but it would be ludicrous to still be producing them.

Banjoxed wrote: »

Ugh. Another excuse for inflationary pricing.

How? No prices are changed with this method? Have you read up on how it works?

somefeen · 19-09-2013 12:33AM

Undecided

What happens if I change money from 10 sterling to Euro and it comes out as 8.27? Are they going to round it up and give me a few cents. Are they ****!

SpaceTime · 19-09-2013 12:35AM

Undecided

somefeen wrote: »

What happens if I change money from 10 sterling to Euro and it comes out as 8.27? Are they going to round it up and give me a few cents. Are they ****!

they'll give you a fiver for your own convenience

MonkstownHoop · 19-09-2013 12:35AM

Undecided

Bus drivers are going to hate me and my bags of coppers over the next few months

ShooterSF · 19-09-2013 12:35AM

somefeen wrote: »

What happens if I change money from 10 sterling to Euro and it comes out as 8.27? Are they going to round it up and give me a few cents. Are they ****!

No you'd get 8.25. You know how rounding to the nearest 5c works right?

somefeen · 19-09-2013 12:38AM

Undecided

ShooterSF wrote: »

No you'd get 8.25. You know how rounding to the nearest 5c works right?

But those are my 2 cents!! :mad:

ShooterSF · 19-09-2013 01:38AM

somefeen wrote: »

But those are my 2 cents!! :mad:

I'd hate to have to split a tab with you that ended in an odd number it must end up with ya sobbing in the corner bemoaning the end of the halfpenny :P

Fred Swanson · 19-09-2013 02:40AM

This post has been deleted.

mdwexford · 19-09-2013 03:01AM

Lot of stupidity in this thread.

Rounding is great crack so far.

In Tesco the checkout people actually have a little card system that tells them 1 or 2 = down, 3 or 4 = up, 6 or 7 = down, 8 or 9 = up. Had to stifle the laughter when yer woman was checking it yesterday to see what to do with my change.

FanadMan · 19-09-2013 03:28AM

Undecided

Sorry if it's been said before but the 1c and 2c coins aren't used Finland and some other Scandinavian countries.....and haven't for years. Not sure if it's right though - if you have a bill just under a full Euro like €17.98 and you hand over €20, you only get €2 back. Think it's just profiteering - if a supermarket makes 1c or 2c on every transaction, they must make a fortune every year.

A few years ago there was some auld biddy complaining on coughJoecoughDuffy about Tesco staff not having 1c change in the tills. Have to say I listened and there were loads of people shouting for managers in Tesco after that.

If the Finnish idea came in here, there would be war! And I would be one of the people at the front. If I'm owed 1c change, I will stand and wait for it. Normally I'll drop it into the nearest charity box. It might not make a difference there but would rather give it to them than to a massive corporation like Tesco.

mdwexford · 19-09-2013 03:34AM

We should all plan so our shopping comes to 17.97 then so we will all get rounded down 2 cents and put these pesky shops out of business.

That'll show em.

Xavi6 · 19-09-2013 03:44AM

FanadMan wrote: »

Sorry if it's been said before but the 1c and 2c coins aren't used Finland and some other Scandinavian countries.....and haven't for years. Not sure if it's right though - if you have a bill just under a full Euro like €17.98 and you hand over €20, you only get €2 back. Think it's just profiteering - if a supermarket makes 1c or 2c on every transaction, they must make a fortune every year.

Or if your shop comes to €17.97 it gets rounded down and the supermarket gives you €2.05 back, therefore losing the two cents. It's not necessarily profiteering, just a system that works very well.

It's one of the things I like about Australia, no fiddly little coins. They bug the hell out of me whenever I'm home.

ardle1 · 19-09-2013 03:45AM

Yes it's true I'm sorry, but don't worry P.M me immediately,I will send you my PayPal account name, we have a system in place for disposal. By authority of the Government of the Republic of Ireland under section 1 and 2 for the disposal of herewith.[/U]

FanadMan · 19-09-2013 03:46AM

Undecided

Xavi6 wrote: »

Or if your shop comes to €17.97 it gets rounded down and the supermarket gives you €2.05 back, therefore losing the two cents. It's not necessarily profiteering, just a system that works very well.

Never had that happen to me in Finland......was always rounded up to the nearest Euro or 5c.

ardle1 · 19-09-2013 03:48AM

Yes it's true I'm sorry, but don't worry P.M me immediately,I will send you my PayPal account name, we have a system in place for disposal. By authority of the Government of the Republic of Ireland under section 1 and 2 for the disposal of herewith.

Xavi6 · 19-09-2013 03:49AM

FanadMan wrote: »

Never had that happen to me in Finland......was always rounded up to the nearest Euro or 5c.

Really? Ok, fair enough, in that case it is profiteering!

In Oz it's to the closest five up or down and coins go from five cents up (obviously the rounding only applies to cash transactions).

FanadMan · 19-09-2013 03:52AM

Undecided

Xavi6 wrote: »

Really? Ok, fair enough, in that case it is profiteering!

In Oz it's to the closest five up or down and coins go from five cents up (obviously the rounding only applies to cash transactions).

I wanted to start complaining but my Finnish ex stopped me - really hated that they were not only making a profit on the mark-up but also on the change too. But the strange this is, the 1 and 2c coins are still legal tender there. It's just that the shops don't want to handle them.

ShooterSF · 19-09-2013 04:08AM

CGP Grey on why (American) pennies need to die

Oh and I don't see anyone here complaining about shops rounding off to the nearest cent when it comes to applying VAT. I want my 31/100 of a cent dammit!!

vickers209 · 19-09-2013 04:58AM

Nay

So if I buy petrol that costs €60.02 I can just pay 60 and they cant do anything?
Good few times I've gone over by a cent or two and il give them 70 they will purposely route through the till and give me €9.98 change back.

Basq · 19-09-2013 09:14AM

Nay

vickers209 wrote: »

Good few times I've gone over by a cent or two and il give them 70 they will purposely route through the till and give me €9.98 change back.

Jaysus.. you've going to the wrong service stations if that's the case.

That's the only place I can see of being abused if the rounding system goes nationwide.. everyone will fill to 2c over their intended amount.. which could add up.

Though it would only apply if paying by cash, which I rarely do - and judging by the queue in front of me yesterday paying with cards, I don't think many others do either.

Fad · 19-09-2013 09:38AM

Nay

vickers209 wrote: »

So if I buy petrol that costs €60.02 I can just pay 60 and they cant do anything?
Good few times I've gone over by a cent or two and il give them 70 they will purposely route through the till and give me €9.98 change back.

In fairness, I used to work in a petrol station and there'd be people who'd come in every day or every other day a few cents over, they used the pumps regularly and in all likelihood they knew when it would stop or not.

Anyway, most of the time when I went to break someone's note for the few cents (one or two would be let go, if they were nice they'd get away with more) they'd always manage to produce the few cents from their pocket... Is there some form of thrill gotten from 'stealing' tiny amounts of money?

Also, it has an impact on the person on the tills, the amount their till is under will be exaggerated (if the station is in anyway busy) by the unpaid cents over the course of a shift.

I hated people who did that, just put the right amount into your car, it's not like petrol pumps are new >_<

Steven81 · 19-09-2013 09:48AM

I was in Finland for 4 months when the euro came out and there were no 1 and 2c and the bill was rounded to the nearest 5c, thought it was a great idea, for those who worry about every cent you gain one day you lose the next. The only thing that annoyed me is that the 5c became the new 1 and 2c in the pocket.

Christy42 · 19-09-2013 09:59AM

Nay

People realise that the shops are allowed to increase their prices without this anyway right? It isn't like they are waiting for this to be allowed up their prices. I reckon some quick mental work (you only need the last digit) before the till on smaller amounts of items will allow people to figure if it will be rounded up or down and decide to use card. I see the shops losing a few cents over this rather than gaining it.

MonaPizza · 19-09-2013 10:02AM

Eli Manning wrote: »

Link

So if you're buying something for €1.26 it gets rounded down to €1.25 and something for €1.29 will now cost €1.30. I think rounding is pretty silly. 1c and 2c should be removed fully and shops should be banned for selling products that would require the use of such coins. The idea to remove them is a good one but the way its being put into practice in Wexford Town is wrong. 1c and 2c coins are a nuisance to business and customers and it's estimated that the majority of 1c and 2c coins spend the majority of their use in jars and not actually in circulation.

Something for €9.99 is psychological pricing. The cost to produce a 1c coin is 1.07c and the cost to produce a 2c coin is over 2c too. So what do you say AH; Ban these dammed coins?

This was being done in Holland in 2002. Ireland at the forefront as usual :rolleyes:

kneemos · 19-09-2013 10:07AM

Christy42 wrote: »

People realise that the shops are allowed to increase their prices without this anyway right? It isn't like they are waiting for this to be allowed up their prices. I reckon some quick mental work (you only need the last digit) before the till on smaller amounts of items will allow people to figure if it will be rounded up or down and decide to use card. I see the shops losing a few cents over this rather than gaining it.

Not having to handle the cursed things I imagine is where they'll make the killing.
Maybe they'll pass on some of the savings?

Alun · 19-09-2013 10:34AM

Nay

MonaPizza wrote: »

This was being done in Holland in 2002. Ireland at the forefront as usual :rolleyes:

It was being done waaay before that with the guilder before the euro was even introduced.

An Coilean · 19-09-2013 10:49AM

Nay

ArmaniJeanss wrote: »

So selling product by weight should be banned then, seeing as Bananas at €1.20 a kg is 80% of the time not going to come to a figure ending in 5 or 0.

no, just instead of the price changing in 1c units depending on weight, it would change in 5c units on the scales.

OldNotWIse · 19-09-2013 10:51AM

Nay

vickers209 wrote: »

So if I buy petrol that costs €60.02 I can just pay 60 and they cant do anything?
Good few times I've gone over by a cent or two and il give them 70 they will purposely route through the till and give me €9.98 change back.

That's never happened to me :eek:

Cookie_Monster · 19-09-2013 10:53AM

An Coilean wrote: »

no, just instead of the price changing in 1c units depending on weight, it would change in 5c units on the scales.

no, only the total at the till would be rounded. You could still buy your 1.23 of bananas by the scales.

Your 1c and 2c coins are not welcome in Wexford Town

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