A shrapnel free Europe

The Euro one and two cent coins are basically worthless, and several countries have already decided to do away with them, rounding cash prices to the nearest five cents. Now the EU has bowed to the inevitable and decided to scrap these coins across all Euro countries.

This is a good thing:

The proposal is based on a study dating from 2018, which shows that there is no majority in any European country that is in favour of keeping the 1 and 2 cents in use, reports the Süddeutsche Zeitung.

Rounding off al prices at 5 cents will save on the production costs of the smallest coins, and would also simplify cash payments. The 1 and 2 cent coins are expensive to produce because of the cost of raw materials, the striking of coins, and the transport, according to the Commission.

I have never carried these coins if I could avoid it. Until Belgium got rid of the things a couple of months ago, any of these coins that came my way would end up in a tube to be used to represent monkey poos, which is probably the best you can do with them.

Even with that in mind, the glass beads that we now use make for much better gaming tokens.

2 thoughts on “A shrapnel free Europe

  1. Canada got rid of the penny too, recently. I even see the nickles (5 cents) and dimes (10 cents) as relatively useless. But it’s still currency and the way I get rid of it is I give a handful of coins to the teenager every once in a while. I don’t know what he spends it on, but it never comes back home… I assume junk like chips and chocolate bars. 🙂

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    1. I don’t mind the five cent coins so much as I can get rid of them in vending machines. I’d be tempted to give the coins to the kids, but they have so much chocolate, crisps and waffles already, I’m not sure it would be wise to encourage them to add to their various stashes 😉

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