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152

1 and 2 cent pieces, what do you think about removing them? (feddit.de)

submitted 2 years ago by [email protected] to c/[email protected]

156 comments fedilink hide all child comments

They're not worth anything, never were but even less through the years with inflation.

If a store wants to sell something for 99 cent, they can either just take 1€ or 95 cent.

Maybe even 5 cent pieces? But that would be a bit radical.

I am a bit annoyed that easy ideas like this are never discussed in politics, or wherever. It would make our lives just a little bit easier, and having them achieves NOTHING.

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[–] [email protected] 3 points 2 years ago (16 children)

Does anyone else think it's a little backwards that the large denominations are fragile paper bills, but the small ones are metal coins sometimes worth less than the metal in the coin? Shouldn't the large denominations be coins, which last longer, and the small denominations be bills, which are easier to carry in large quantities?

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[–] [email protected] 3 points 2 years ago

Yes, please remove 1, 2 and 5 cent coins. I'd argue for also removing 10 and 20 cent. How do you get rid of them? I feel ridiculous paying with them. So I just don't.

[–] [email protected] 3 points 2 years ago (1 children)

They are annoying. I save up a big jar of just 1 and 2 pieces and go to the marts that have self checkouts and take coins and just dump em all in. Otherwise useless

[–] [email protected] 1 points 2 years ago (4 children)

Do you know if there is such a mart in Germany?

[–] [email protected] 2 points 2 years ago (1 children)

Kauflands have them

[–] [email protected] 2 points 2 years ago

Never seen one in my local Kaufland, but will keep an eye open next time I’m there.

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[–] [email protected] 2 points 2 years ago (1 children)

The problem gets worse if you realize that the material value of the copper is greater than the coin value itself with 1 cent.

[–] [email protected] 3 points 2 years ago (1 children)

They're not made from copper in Europe though.

[–] [email protected] 3 points 2 years ago

I actually looked it up. They are 5,65% copper, the rest ist iron. But because they are not 100% copper, they are less valuable then 1 cent. https://de.m.wikipedia.org/wiki/Eurom%C3%BCnzen

[–] [email protected] 2 points 2 years ago (2 children)

What if they just stopped minting them

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[–] [email protected] 1 points 2 years ago (2 children)

What I'm questioning myself is If we would remove the 1 and 2 cent pieces Would they in the future increase in value because of them being rare.

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[–] [email protected] 1 points 2 years ago

Throw them all in a well.

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