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<p>[QUOTE="chrisild, post: 287374, member: 39"]The way the coin "ordering" and production works here is, in a nutshell, this: A member state government estimates that so and so many new coins will be needed in its country next year. It will then notify the European Central Bank ("Hello ECB, we plan to issue this or that volume.") That is basically it. Now AFAIK the production of 1 and 2 cent coins is more expensive than their face value, so if a government simply decided to stop making those pieces, while they are still needed, it may get into trouble. But if it says, nah, we will round total cash amounts so that these coins are no longer needed, they may well stop making them.</p><p><br /></p><p><br /></p><p>Difficult. Over here coins have to be accepted up to a maximum of 50 per payment. But this "have to" refers to the concept of legal tender, ie. payment of a debt. When you make a purchase, however, a store can limit the means of payment it accepts. You often see signs such as "we do not accept (€200 and) €500 notes", so that a customer knows in advance s/he cannot use them in that store. This makes sense especially when you "consume" before you pay, like in a restaurant or at a gas station ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 287374, member: 39"]The way the coin "ordering" and production works here is, in a nutshell, this: A member state government estimates that so and so many new coins will be needed in its country next year. It will then notify the European Central Bank ("Hello ECB, we plan to issue this or that volume.") That is basically it. Now AFAIK the production of 1 and 2 cent coins is more expensive than their face value, so if a government simply decided to stop making those pieces, while they are still needed, it may get into trouble. But if it says, nah, we will round total cash amounts so that these coins are no longer needed, they may well stop making them. Difficult. Over here coins have to be accepted up to a maximum of 50 per payment. But this "have to" refers to the concept of legal tender, ie. payment of a debt. When you make a purchase, however, a store can limit the means of payment it accepts. You often see signs such as "we do not accept (€200 and) €500 notes", so that a customer knows in advance s/he cannot use them in that store. This makes sense especially when you "consume" before you pay, like in a restaurant or at a gas station ... Christian[/QUOTE]
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