this post was submitted on 18 Jun 2023
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Europe

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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 1โ‚ฌ 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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[โ€“] [email protected] 3 points 1 year ago (4 children)

what happens if you pay 5 Cents with 5x1 cent from other countries in those countries?

[โ€“] [email protected] 3 points 1 year ago

I don't know but I guess they still would have to accept them since they are still official currency.

[โ€“] [email protected] 2 points 1 year ago

I used to live in Finland for two years. The shop close by to my home wouldn't accept 1 or 2 cents so I just put them in a drawer and never worried about it again. Don't know if they are obliged to accept them.

[โ€“] [email protected] 1 points 1 year ago* (last edited 1 year ago)

Finland: Price totals are rounded to 5 cents at the checkout but the smaller money is valid and you can generally use them, unless a shop specifically informs that they don't accept them.

[โ€“] [email protected] 1 points 1 year ago (1 children)

I'm from Italy, most machines that take cash straight up don't accept 1 and 2 cent coins and 500โ‚ฌ notes anymore, they'll just spit them out. I don't think I've ever paid a cashier with those, so I don't know what the policy is, but I think they are allowed to refuse them. It's still legal tender so banks will take them; I have a big jar at home where I collect all the small cents, I plan to take it to a bank once it's full and see what I can buy with it (stonks). I can tell you that if you make an electronic payment you will pay the exact price, but if you're paying in cash it will be rounded to the nearest .05.

[โ€“] [email protected] 3 points 1 year ago

Machines here in Austria also often don't take 1/2ct and โ‚ฌ500.