No More Coppers.

sonny.knowles · 19-10-2015 10:30PM

kneemos wrote: »

Hear on the wireless that we're no longer dealing pennies and two cents from Wednesday week.Time to empty them jars.
Good riddance I say.Will you be sorry to see them go?

Are 5 cent coins not copper? Misleading thread title?

kneemos · 19-10-2015 10:42PM

sonny.knowles wrote: »

Are 5 cent coins not copper? Misleading thread title?

One and two cents are coppers,as in low value coins.
Five cents are technically coppers but not for the purpose of describing coppers, and certainly not traditionally.

sonny.knowles · 19-10-2015 10:45PM

kneemos wrote: »

One and two cents are coppers,as in low value coins.
Five cents are technically coppers but not for the purpose of describing coppers, and certainly not traditionally.

5 cent coins aren't 'technically coppers', they are coppers without a technicality.

Thread title fail.

kneemos · 19-10-2015 10:51PM

sonny.knowles wrote: »

5 cent coins aren't 'technically coppers', they are coppers without a technicality.

Thread title fail.

You're not seeing the bigger picture.

sonny.knowles · 19-10-2015 10:52PM

kneemos wrote: »

You're not seeing the bigger picture.

Plus it is voluntary in the part of the consumer, so the consumer can ask for the correct change.

There is no big picture.

harry Bailey esq · 19-10-2015 11:15PM

gandalf wrote: »

Jaysus I am sure you gave a few guards and nurses a heart attack with that headline

And Almost had a Cardiac meself,thinking i could go around doing me nefarious activities without them boyos in blue tryin to stick their oar in as per :mad:

4068ac1elhodqr · 19-10-2015 11:36PM

Sure well all be buying our sweets n' treats with a swipe of the hand and the blink of an eye
aka: Semi-embedded NFC wireless chip transactional process with Iris verification.
Wonder do those wireless chips run on multiplier of the 666Mhz base frequency perchance...

LordSutch · 20-10-2015 04:31AM

The kids in my childrens school call it brown money?

Never heard this before, until now! but I guess it makes sense.

Hoboo · 20-10-2015 04:41AM

Aron Obedient Incense wrote: »

Sure well all be buying our sweets n' treats with a swipe of the hand and the blink of an eye
aka: Semi-embedded NFC wireless chip transactional process with Iris verification.
Wonder do those wireless chips run on multiplier of the 666Mhz base frequency perchance...

And that's the long term point the blind sheep cannot see

Sofiztikated · 20-10-2015 04:55AM

sonny.knowles wrote: »

Plus it is voluntary in the part of the consumer, so the consumer can ask for the correct change.

There is no big picture.

That is actually technically incorrect.

When you are presented with a bill of sale, you are being asked for the exact figure. If you happen to offer more than said bill of sale, the seller can still accept or decline your offer. If they accept, they are, in essence, saying "Yes, I accept your offer of €XXX for the goods or services I am providing."

Change is given as it has become custom to do so.

Although, please don't ask for a source, because I can't for the life of me think where I read that.

Ghost Train · 20-10-2015 06:00AM

Should I start practicing stopping at 19.97 at the petrol pump?
Could also stop at 20.02 but mightnt feel as good not getting the 5 cent at the till

sonny.knowles · 20-10-2015 07:51AM

Sofiztikated wrote: »

That is actually technically incorrect.

When you are presented with a bill of sale, you are being asked for the exact figure. If you happen to offer more than said bill of sale, the seller can still accept or decline your offer. If they accept, they are, in essence, saying "Yes, I accept your offer of €XXX for the goods or services I am providing."

Change is given as it has become custom to do so.

Although, please don't ask for a source, because I can't for the life of me think where I read that.

Here's a source:

m.rte.ie/news/2015/1019/735784-rounding/

Extract:

In a statement, the Central Bank said consumers will be entitled to opt out of rounding and may ask for their exact change.

kneemos · 20-10-2015 09:49AM

sonny.knowles wrote: »

Here's a source:

m.rte.ie/news/2015/1019/735784-rounding/

Extract:

In a statement, the Central Bank said consumers will be entitled to opt out of rounding and may ask for their exact change.

Probably keep a bag of pennies under the counter for the odd contrarian.

sonny.knowles · 20-10-2015 10:23AM

kneemos wrote: »

Probably keep a bag of pennies under the counter for the odd contrarian.

Better to be a contrarian than to talk sh**e, I guess.

seamus · 20-10-2015 10:33AM

Manic Moran wrote: »

I'm guessing the ha'penny predates you, then?

By a couple of decades. That was pretty big though wasn't it?

Buona Fortuna · 20-10-2015 10:45AM

seamus wrote: »

By a couple of decades. That was pretty big though wasn't it?

Only the pre-decimal.

The new one was sh1tty squit sized like the cent.

kneemos · 29-10-2015 08:56PM

Nobody seems to have taken on the rounding.

alcaline · 29-10-2015 08:59PM

Its a sneaky way to acknowledge inflation is a problem, pretend it for the good of the people.

Buona Fortuna · 29-10-2015 09:51PM

alcaline wrote: »

Its a sneaky way to acknowledge inflation is a problem, pretend it for the good of the people.

The big worry was always that our inflation rate went negative - according to this http://www.tradingeconomics.com/ireland/inflation-cpi its been negative since January.

Maybe we should reintroduce the hapenny then?;)

alcaline · 30-10-2015 04:00PM

Buona Fortuna wrote: »

The big worry was always that our inflation rate went negative - according to this http://www.tradingeconomics.com/ireland/inflation-cpi its been negative since January.

Maybe we should reintroduce the hapenny then?;)

“There are three types of lies -- lies, damn lies, and statistics.”
― Benjamin Disraeli
Nothing i buy has gone down in price, nothing!

KungPao · 30-10-2015 04:12PM

Will petrol pumps go up in 5s then?

Geuze · 30-10-2015 04:14PM

CSO Sep 2015 CPI data:

http://www.cso.ie/en/releasesandpublications/er/cpi/consumerpriceindexseptember2015/

Annual inflation is -0.3%, i.e. mild deflation.

The main factors contributing to the annual change were as follows:

Transport decreased mainly due to lower petrol and diesel prices and a reduction in the price of motor cars which was partially offset by an increase in bus and taxi fares.

Food & Non-Alcoholic Beverages fell due to lower prices across a range of products such as meat, bread & cereals and vegetables.

Clothing & Footwear decreased due to sales.

Miscellaneous Goods & Services increased primarily due to higher motor insurance premiums.

Restaurants & Hotels increased mainly due to an increase in the cost of hotel accommodation and higher prices for alcoholic drinks and food consumed in licensed premises, restaurants, cafes etc.

Housing, Water, Electricity, Gas & Other Fuels rose mainly due to higher rents and the introduction of water supply and sewage collection charges2, which was partially offset by lower mortgage interest repayments and a decrease in the cost of home heating oil.

Geuze · 30-10-2015 04:15PM

KungPao wrote: »

Will petrol pumps go up in 5s then?

No, as stated repeatedly, over and over, no price is being rounded.

No price is being rounded.

Change is being rounded.

seamus · 30-10-2015 04:18PM

alcaline wrote: »

Nothing i buy has gone down in price, nothing!

The price of petrol and diesel has dropped 25% in last 3 years.

Food and drink (not alcohol) has also been dropping pretty consistently. Tea is 10% cheaper than it was 4 years ago.

The price of lots of things you buy has dropped, you're just not paying close enough attention.

alcaline · 30-10-2015 04:32PM

seamus wrote: »

Food and drink (not alcohol) has also been dropping pretty consistently. Tea is 10% cheaper than it was 4 years ago.

Well there's my problem, i don't drink tea but i do like a pint.

mathie · 30-10-2015 04:55PM

In a massively overpriced British store at lunch.

"Would you like me to round your change?"
(item cost 4.19 and I handed in a tenner)
"In whose favour? Yours or mine?"
"Erm ... ours"
"Get to fu.."

So I take the hit and the store gets the benefit?

AudreyHepburn · 30-10-2015 05:04PM

Not at all....I've purses and a money box full of them that I will never use.

I usually tell cashiers to keep them anyway.

seamus · 30-10-2015 05:05PM

mathie wrote: »

In a massively overpriced British store at lunch.

"Would you like me to round your change?"
(item cost 4.19 and I handed in a tenner)
"In whose favour? Yours or mine?"
"Erm ... ours"
"Get to fu.."

So I take the hit and the store gets the benefit?

It works both ways. If your total came to 4.17, you'd only pay 4.15.

So overall it balances out for all parties.

I haven't actually encountered this yet anywhere in Dublin. Was this in M&S?

Valetta · 30-10-2015 05:06PM

mathie wrote: »

In a massively overpriced British store at lunch.

"Would you like me to round your change?"
(item cost 4.19 and I handed in a tenner)
"In whose favour? Yours or mine?"
"Erm ... ours"
"Get to fu.."

So I take the hit and the store gets the benefit?

Yes.

And tomorrow you will more than likely get the benefit.

What will you spent the 1c on, btw?

ohnonotgmail · 30-10-2015 05:07PM

seamus wrote: »

The price of petrol and diesel has dropped 25% in last 3 years.

Food and drink (not alcohol) has also been dropping pretty consistently. Tea is 10% cheaper than it was 4 years ago.

The price of lots of things you buy has dropped, you're just not paying close enough attention.

in fairness in the three years preceding that the price of petrol and diesel probably went up by 50% so the reduction since isnt a reflection of our economy at all.

No More Coppers.

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