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<p>[QUOTE="chrisild, post: 2509185, member: 39"]We have the circulation coins (eight denominations) plus the commemorative coins (€2), and those are legal tender in the entire euro area. As for those country-specific collector coins, sure, such issues defeat the purpose of a joint currency. Then again, <a href="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0135:0137:EN:PDF" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0135:0137:EN:PDF" rel="nofollow">EU law</a> says that: "Collector coins shall have the status of legal tender only in the issuing Member State." And also: "Member States shall take all appropriate measures to discourage the use of collector coins as a means of payment." (Article 5) So in everyday life, who cares about those oddball pieces ... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Doing away with the 1 and 2 cent coins, well, I support the idea. I am in the Netherlands (half an hour from here) fairly often, and cash totals are rounded there so that the low denominations are not needed. Other "rounding" countries are Belgium, Finland, and Ireland. Sure, would be nice if that applied in the entire euro area. Maybe at some later point</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 2509185, member: 39"]We have the circulation coins (eight denominations) plus the commemorative coins (€2), and those are legal tender in the entire euro area. As for those country-specific collector coins, sure, such issues defeat the purpose of a joint currency. Then again, [url=http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0135:0137:EN:PDF]EU law[/url] says that: "Collector coins shall have the status of legal tender only in the issuing Member State." And also: "Member States shall take all appropriate measures to discourage the use of collector coins as a means of payment." (Article 5) So in everyday life, who cares about those oddball pieces ... ;) Doing away with the 1 and 2 cent coins, well, I support the idea. I am in the Netherlands (half an hour from here) fairly often, and cash totals are rounded there so that the low denominations are not needed. Other "rounding" countries are Belgium, Finland, and Ireland. Sure, would be nice if that applied in the entire euro area. Maybe at some later point Christian[/QUOTE]
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