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<p>[QUOTE=&quot;kaparthy, post: 833, member: 57463&quot;]<b>The times they are a-changing...</b></p><p><br /></p><p>I predict that the old national currencies will eventually go away.&nbsp; The banknotes will be exchanged.&nbsp;&nbsp; The coins will become scrap.&nbsp; Already a company buys old national coins from the central banks of the EU and turns them into scrap metal.</p><p><br /></p><p>(1) In ten years, kids will come to adulthood who will know nothing but Euros.&nbsp; </p><p><br /></p><p>(2) Coins are not legal tender, only banknotes are.</p><p><br /></p><p>(3) New entries into the EU will bring new complications for convertibility.&nbsp; These weak currencies (and their fractional coins) cannot be allowed to dilute the strength of the Euro.&nbsp; In Slovenia following independence if not before, it was common for people to speak of all prices in Marks.&nbsp; The tolar was pegged to the Mark and the Mark was the de facto currency of Slovenia, not the slovar.&nbsp; Now, it will become the Euro.&nbsp; The slovar, which was never a strong currency, will be swept into the dustbin of numismatic history.&nbsp; You certainly are not going to find people in 2032 bringing old slovars to the central bank for exchange.&nbsp; The same applies to Poland, Hungary, and all the others, as well as to the original states.[/QUOTE]</p><p><br /></p>

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