[Finance] Keep the Penny in circulation?

[jasetheace]

So, it was only a matter of time before the government would "consult" on this. Lets help them on their merry way. For me it is a yes. I save em then bank em.. #prayforthecopperone

 

[Wrong-Direction]

Scrap 1p 2p

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[Badger]

Get rid. Completely pointless keeping it in circulation.

 

[LlcoolJ]

It is pointless but I chuck every 1p / 2p that I get in change at a pub / shop in the charity box and I guess a lot of people do. Sure that adds up to quite a lot.

 

[GJN1]

Always thought the 2p was too big for its boots...

 

[Boys 9d]

I was hoping that after Brexit the farthing, halfpenny, penny, shilling florin and half crown would be resurrected. We had them in the Fifties with blue passports. Let's make Britain Great again!

 

[Is it PotG?]

Twice in the pub at Goodison I walked off, impatient to get my 1 or 2p change in the throng.

They soon add up though.

 

[Frutos]

I'd get rid of pennies and two pences without hesitation.

 

[mothy]

I dont even pick them up when hoovering / sweeping any more. Get rid

 

[Triggaaar]

It is pointless but I chuck every 1p / 2p that I get in change at a pub / shop in the charity box and I guess a lot of people do. Sure that adds up to quite a lot.

It probably does, but the time and effort (wages) for the charities to count it and bank probably cancels out the amount they get.

 

[studio150]

I was hoping that after Brexit the farthing, halfpenny, penny, shilling florin and half crown would be resurrected. We had them in the Fifties with blue passports. Let's make Britain Great again!

What you don't want to bring back the three penny piece, the sixpence, the crown or the long forgotten groat. Britain will never be great again without these old cons of the realm

 

[beorhthelm]

everyone saying get rid, you do realise everything will go up to the nearest 5p, as change wont be given?

 

[ManOfSussex]

I use mine up though - Toward a pint in the pub, the odd bus fare, newspapers etc, etc - I never let them build up in my change and I use them.

If I'm in my local shop buying a couple of things and it comes to £6.02 for example, I'd just give over a tenner and 2p without thinking about it for 4 £1 coins back as change and the newsagent thanks me for it - they can be handy if you're not accumulating and lugging round loads of them, which I don't.

 

[Herr Tubthumper]

everyone saying get rid, you do realise everything will go up to the nearest 5p, as change wont be given?

Don’t be daft. You can’t blame Brexit increases on this.

 

[seagulls4ever]

Did you know ... 1p and 2p only have a legal tender up to 20 pence. Fascinating stuff.

When I was younger I got about 30 quid from saved coppers chucked into one of those change machines in a supermarket. I was well chuffed.

 

[LlcoolJ]

It probably does, but the time and effort (wages) for the charities to count it and bank probably cancels out the amount they get.

I'll stop bothering then. **** em.

 

[seagulls4ever]

It probably does, but the time and effort (wages) for the charities to count it and bank probably cancels out the amount they get.

Coin counting machines or volunteer labour.

I can't imagine they earn much from it but surely it all helps.

 

[Triggaaar]

Coin counting machines or volunteer labour.

I can't imagine they earn much from it but surely it all helps.

I guess for bigger charities. Not sure the local little ones can do that.

 

[halbpro]

everyone saying get rid, you do realise everything will go up to the nearest 5p, as change wont be given?

It's done in lots of countries already. You just round it to the nearest 5p, whether that's up or down.

 

[LlcoolJ]

I guess for bigger charities. Not sure the local little ones can do that.

Why bother with the collection boxes then? Pretty sure everyone involved in collecting for Weston Park Hospital (local cancer hospital) is a volunteer and that's generally the box I chuck my coppers into.