Author Topic: Coppers could be taken out of circulation  (Read 3148 times)

floo

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Coppers could be taken out of circulation
« on: March 13, 2018, 06:53:16 PM »
http://www.bbc.co.uk/news/business-43388662

I see the treasury is going to review the status of one and two pence coins. They are also considering £50 notes, which aren't very popular either.

Robbie

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Re: Coppers could be taken out of circulation
« Reply #1 on: March 13, 2018, 07:08:58 PM »
Hello LR! Haven't seen you today.
When I saw the thread title my first thought was you meant police officers :-).  :D ::)

I collect 1 and 2p coins in a big jar & when full I give it to someone who collects for a local charity (first transferring the coins to a sturdy carrier bag so I can re-use the jar).
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ad_orientem

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Re: Coppers could be taken out of circulation
« Reply #2 on: March 13, 2018, 07:10:17 PM »
Should never have got rid of one pound notes. Nothing more annoying than having a pocket full of pound coins.
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Anchorman

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Re: Coppers could be taken out of circulation
« Reply #3 on: March 13, 2018, 07:13:52 PM »
http://www.bbc.co.uk/news/business-43388662

I see the treasury is going to review the status of one and two pence coins. They are also considering £50 notes, which aren't very popular either.
   



Makes a little sense, I suppose.
The 1p feels very like a 5p if your hands are frozen.
By the way, if the treasury in England ditches the £50 note, they have no say in Scotland - where you can still get a few £1 notes, as well as £50 and £100 notes.
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Robbie

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Re: Coppers could be taken out of circulation
« Reply #4 on: March 13, 2018, 07:21:26 PM »
Should never have got rid of one pound notes. Nothing more annoying than having a pocket full of pound coins.

I collect those in a tin....I love pound coins, nice & round & pretty.
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Nearly Sane

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Re: Coppers could be taken out of circulation
« Reply #5 on: March 13, 2018, 07:23:02 PM »
I collect those in a tin....I love pound coins, nice & round & pretty.
And easily used. Notes for a quid would be a pain in the neck.

ad_orientem

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Re: Coppers could be taken out of circulation
« Reply #6 on: March 13, 2018, 07:24:27 PM »
More to the point, get rid of coppers, no more penny sweets.
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Re: Coppers could be taken out of circulation
« Reply #7 on: March 13, 2018, 07:26:12 PM »
More to the point, get rid of coppers, no more penny sweets.
Think that happened without the change in coinage.

ad_orientem

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Re: Coppers could be taken out of circulation
« Reply #8 on: March 13, 2018, 07:29:06 PM »
Think that happened without the change in coinage.

When did they get rid of penny sweets? Bloody hell! Another part of my childhood gone.
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Re: Coppers could be taken out of circulation
« Reply #9 on: March 13, 2018, 07:34:10 PM »
When did they get rid of penny sweets? Bloody hell! Another part of my childhood gone.
For quite a lot on here, they got rid of the penny they were used to as a child many years ago. Can't even get a guy for a penny anymore.

ad_orientem

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Re: Coppers could be taken out of circulation
« Reply #10 on: March 13, 2018, 07:44:58 PM »
Born '75, so too young for pre-decimalisation money, though I have a collection at home. I do remember 5p's with one shilling written in it.
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Rhiannon

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Re: Coppers could be taken out of circulation
« Reply #11 on: March 13, 2018, 08:01:18 PM »
There’s a little old amusement place I go to in Norfolk that has loads of twopenny push machines. Reckon two thirds of their business will go if they get rid of copper coins.

jeremyp

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Re: Coppers could be taken out of circulation
« Reply #12 on: March 13, 2018, 08:17:33 PM »
More to the point, get rid of coppers, no more penny sweets.
I think the minimum price of a "penny" sweet is something like 2p now.
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ad_orientem

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Re: Coppers could be taken out of circulation
« Reply #13 on: March 13, 2018, 08:23:03 PM »
I think the minimum price of a "penny" sweet is something like 2p now.

So they still have 'em though. Good. I remember getting one pound a week pocket money, spending 50p on football stickers (which were 10p a packet) and 50p on penny sweets. Going to the cornershop, fizzy cola bottles and all that, stuffing my pockets full of sweets when the owner was out the back. Those were the days!
« Last Edit: March 14, 2018, 09:42:55 AM by ad_orientem »
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floo

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Re: Coppers could be taken out of circulation
« Reply #14 on: March 14, 2018, 09:23:33 AM »
All our coppers and 5p coins are put in charity tins.

Steve H

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Re: Coppers could be taken out of circulation
« Reply #15 on: March 14, 2018, 02:00:57 PM »
Well, one good thing - shops will have to stop their con trick of charging a penny less than a round number, eg £49.99, because they won't be able to give change.
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ad_orientem

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Re: Coppers could be taken out of circulation
« Reply #16 on: March 14, 2018, 02:29:07 PM »
Well, one good thing - shops will have to stop their con trick of charging a penny less than a round number, eg £49.99, because they won't be able to give change.

Only if you pay with cash.
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Re: Coppers could be taken out of circulation
« Reply #17 on: March 15, 2018, 12:09:39 PM »

Apparently not going to happen. I don't really understand why it's been ruled out so quickly. I suppose it's an attempt to look decisive but it merely looks scared.


http://www.bbc.co.uk/news/business-43407298

Rhiannon

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Re: Coppers could be taken out of circulation
« Reply #18 on: March 15, 2018, 12:28:50 PM »
It’s probably a row against public opinion that they don’t need right now. Why add to their headaches?

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Re: Coppers could be taken out of circulation
« Reply #19 on: March 15, 2018, 12:44:46 PM »
It’s probably a row against public opinion that they don’t need right now. Why add to their headaches?
Agree but that underlines why they appeared scared. It wasn't even a proposal just something to be considered. If policy on relatively unimportant items gets decided before any consideration because they have too many headaches, then the decisionson the difficult items becomes harder, not easier.

floo

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Re: Coppers could be taken out of circulation
« Reply #20 on: March 15, 2018, 04:49:06 PM »
I have a £1000,000 note.

jeremyp

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Re: Coppers could be taken out of circulation
« Reply #21 on: March 15, 2018, 05:29:21 PM »
Well, one good thing - shops will have to stop their con trick of charging a penny less than a round number, eg £49.99, because they won't be able to give change.
Everything will be £something.95 in future.
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ippy

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Re: Coppers could be taken out of circulation
« Reply #22 on: March 21, 2018, 01:00:36 PM »
I can remember the clippies on the bus didn't like it if you gave them any farthings in your change, the ones with a relief picture of a Robin on them.

Regards ippy

floo

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Re: Coppers could be taken out of circulation
« Reply #23 on: March 21, 2018, 01:49:33 PM »
I can remember the clippies on the bus didn't like it if you gave them any farthings in your change, the ones with a relief picture of a Robin on them.

Regards ippy

I didn't realise farthings weren't taken out of circulation until 1969, the year I married.

floo

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Re: Coppers could be taken out of circulation
« Reply #24 on: March 21, 2018, 01:57:31 PM »
Talking of old coins have any of you come across a square 10/- coin? Guernsey produced them in 1966, when I was 16. My Dad collected quite a few of them, which were divided up between my sisters and myself after his death in 2005. I have one stuck on my bedroom door. I will give my five grandchildren one each. I am not sure what they are worth, probably not that much as so many were produced.

https://en.numista.com/catalogue/pieces10988.html