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<p>[QUOTE="chrisild, post: 2273249, member: 39"]In terms of euro countries, that would be Belgium, Finland, Ireland and the Netherlands. When you pay cash there, the total is rounded to x.y0 or x.y5, whatever is closer. So while the 1 and 2 cent coins continue to be legal tender, they are not actually needed much any more. Also, this is basically voluntary, so if the store prefers to not round, it's not done. But pretty much every place in FI does it, most in NL, many in BE, and in IE it's still new. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>As for the suggestion of doing away with the "penny" in the US only to introduce another low value denomination, I don't think it makes much sense. Coins are change but also means of payment, and if the only reason for having 1 (and/or 2) cent coins is that people hoard or even trash them, the mint will continue making billions and billions that somehow "vanish". Just my, errm, five cents ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 2273249, member: 39"]In terms of euro countries, that would be Belgium, Finland, Ireland and the Netherlands. When you pay cash there, the total is rounded to x.y0 or x.y5, whatever is closer. So while the 1 and 2 cent coins continue to be legal tender, they are not actually needed much any more. Also, this is basically voluntary, so if the store prefers to not round, it's not done. But pretty much every place in FI does it, most in NL, many in BE, and in IE it's still new. ;) As for the suggestion of doing away with the "penny" in the US only to introduce another low value denomination, I don't think it makes much sense. Coins are change but also means of payment, and if the only reason for having 1 (and/or 2) cent coins is that people hoard or even trash them, the mint will continue making billions and billions that somehow "vanish". Just my, errm, five cents ... Christian[/QUOTE]
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