Talking about getting rid of copper coins again

jonbeeza

jonbeeza

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Getting rid of copper coins, has this been talked about before? Nothing in the forum search came up!

It was on TV about getting rid of copper coins again, no more 99p shops all £1 shops. Plus if they ever did get rid of copper coins, retailers would round the price up, certainly not down. Also everything would go up by five pence at least, as retailers could not creep the price up by a couple of pence. Imagine petrol / fuel going up by five pence a go. They would surely be reluctant to drop fuel prices by five pence a shot.

Prices would never look so appealing again. No more £1.99 or £9.99 :rolleyes:
 
there not actually copper any more ,just copper plated steel .walk along a beach trailing a super magnet see how much you can make a hour .it will surprise you
 
cowboy said:
Doesn't everyone pay by card now?
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Bought something in the shop yesterday, it was a great feeling filling the self service machine with all my loose change ( 1ps and 2ps) :banana: Almost feels like getting away with something

cowboy said:
Doesn't everyone pay by card now?
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For something costing a couple of quid, dont think shops will be too happy.






the black fox said:
there not actually copper any more ,just copper plated steel .walk along a beach trailing a super magnet see how much you can make a hour .it will surprise you
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Some feller on the Wright Stuff yesterday had an argument what they were actually made of, I have no idea. If they are not copper, do they still make your hands grubby, like copper coins used to ? :thinking:
 
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I don't like coins, feels so dirty, makes my hands smell, just an outdated concept.

We should just all use Apple Pay, much easier.
 
Jayst84 said:
Really should do. Smallest coin in Oz now is 5 cents - and they keep taking about getting rid of that.

Pay by card and you pay the exact amount, to the cent. Pay by cash, and they round up or down to the nearest 5 cents.
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But there again, where will it end? Five pence piece is tiny, will be getting rid of that also.
 
I want them to get rid of £2, £1, 50p, 20p, 10p & 5p ;) Much better that way...
 
dejongj said:
I don't like coins, feels so dirty, makes my hands smell, just an outdated concept.

We should just all use Apple Pay, much easier.
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I always carry a money bag of coins, it is handy when my shopping comes to £20.13 pence and I have two lovely crisp £20 notes. I simply fish in my coin bag, and sort the slummy out. Many a time if price is something like £13.75 I will give £23.75 and get a tenner back. So change can be handy :rolleyes:
 
dejongj said:
I want them to get rid of £2, £1, 50p, 20p, 10p & 5p ;) Much better that way...
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Yes but tramps and street buskers wont be too happy, after all who is going to throw them a fiver? ;)
 
dejongj said:
We should just all use Apple Pay, much easier.
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Ah back to barter, 3 apples to an Orange cabbage or a bar of chocolate :D

jonbeeza said:
For something costing a couple of quid, dont think shops will be too happy.
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I think this is kinda where this is all heading with the contact less cards, if they are guaranteed to a max of 20 quid, they are expecting you to use it for
smaller items.
 
Naturally, they'll offer a duplication service right there and then for you as well :)
 
Cobra said:
Ah back to barter, 3 apples to an Orange cabbage or a bar of chocolate :D

.
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I remember some years ago, there was a shortage of change. Shops gave you a few pieces of chocolate in place of change, they would not take it back of you though! I think this was some time in the 1970s :thinking:
 
jonbeeza said:
I remember some years ago, there was a shortage of change. Shops gave you a few pieces of chocolate in place of change, they would not take it back of you though! I think this was some time in the 1970s :thinking:
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Although I'm old enough to "remember" that, I have no recollection of that happening?
 
jonbeeza said:
I remember some years ago, there was a shortage of change. Shops gave you a few pieces of chocolate in place of change, they would not take it back of you though! I think this was some time in the 1970s :thinking:
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Always be careful accepting sweeties from 'strangers', sounds dodgy to me....That wasn't in Westminster was it?
 
I think the idea is to remove cash altogether. Makes everything traceable. Start with low value coins then work up.
 
jonbeeza said:
Almost feels like getting away with something
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Strictly speaking you are! :-)
Retailers don't have to accept more than 20 pence in copper coin in a single transaction ;)
 
srichards said:
I think the idea is to remove cash altogether. Makes everything traceable. Start with low value coins then work up.
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You'll never get rid of cash completely, too many people prefer it to cards although I don't suppose many will miss the smelly dirty 'copper' coins. People on a tight budget will take X amount of cash shopping because it's too easy to overspend on a card. We saw that a lot when the crash hit a few years back, ATM usage went up.

Imagine, no more homers if you had to use a traceable payment method.
 
jonbeeza said:
Yes but tramps and street buskers wont be too happy, after all who is going to throw them a fiver? ;)
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I came across a down and out in a Glasgow railway station asking for £1, or 50p, or 10p. When he got no response from the crowd he said he would accept American Express. He was joking, of course, but the amusement he caused got him a few coins.
 
Steep said:
You'll never get rid of cash completely, too many people prefer it to cards although I don't suppose many will miss the smelly dirty 'copper' coins. People on a tight budget will take X amount of cash shopping because it's too easy to overspend on a card. We saw that a lot when the crash hit a few years back, ATM usage went up.

Imagine, no more homers if you had to use a traceable payment method.
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And herein lies the problem, no reason why people should spend less with cash than when using a card, phone, finger. It's a psychological thing hitting home at the root of lack of self responsibility and constrained. A pathetic excuse in my opinion.
 
dejongj said:
It's a psychological thing hitting home at the root of lack of self responsibility and constrained. A pathetic excuse in my opinion.
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Could you translate that first part for me?


Whether you think it's a pathetic excuse or not is of no consequence, that's the way it is. Here's another excuse, getting rid of cash altogether would put hundreds of thousands of people out of work, bank employees, shop assistants, service engineers, cit workers, cash centre workers and probably many more professions.
 
Steep said:
Could you translate that first part for me?


Whether you think it's a pathetic excuse or not is of no consequence, that's the way it is. Here's another excuse, getting rid of cash altogether would put hundreds of thousands of people out of work, bank employees, shop assistants, service engineers, cit workers, cash centre workers and probably many more professions.
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Not really, it will provide a great opportunity to do something else. It really doesn't work as simplistically as you suggest. Stopping progress not to loose current jobs will have much greater consequences.
 
dejongj said:
I don't like coins, feels so dirty, makes my hands smell, just an outdated concept.

We should just all use Apple Pay, much easier.
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I'm the opposite. I love getting my pennies in change, then when ever I am a little short of cash I can copper up to buy something I want without having to use my card.

I hate card payments and all the receipts they generate.
 
ST4 said:
I'm the opposite. I love getting my pennies in change, then when ever I am a little short of cash I can copper up to buy something I want without having to use my card.

I hate card payments and all the receipts they generate.
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Electronic receipt, problem resolved. Easy peasy.
 
dejongj said:
Not really, it will provide a great opportunity to do something else. It really doesn't work as simplistically as you suggest. Stopping progress not to loose current jobs will have much greater consequences.
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I have to say I think that's the biggest load of horse**** I've ever read on these forums.
 
Steep said:
I have to say I think that's the biggest load of horse**** I've ever read on these forums.
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Lol you should try and read a bit more, and perhaps try and expand the way you think a bit more. Wouldn't you wish for your fellow men to improve their standards and have a useful purpose? Counting bits of 'copper' and moving it about is just no added value to mankind.
 
dejongj said:
Get a larger one or just delete it ;) just excuses excuses.
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I think we have a mind set in this country that credit cards are for larger purchases that we can't actually afford and debit cards are for guaranteeing cheques ;)
 
viv1969 said:
Strictly speaking you are! :)
Retailers don't have to accept more than 20 pence in copper coin in a single transaction ;)
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I went into a supermarket with a friend who was changing lots of coins in one of those change machines, he was then going to go into the store and buy a few bits. I reminded him there is a charge for using the change machine. I said simply pay for the items with all his loose change, in the self service machine. Something that just did not occur to him.
 
Cobra said:
I think we have a mind set in this country that credit cards are for larger purchases that we can't actually afford and debit cards are for guaranteeing cheques ;)
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Debit cards are no longer cheque guarantee cards.
using any sort of card adds serious costs to the retailler, most do not accept them under £5.00
Banks make silly money charging businesses to pay in cash or cards.
 
dejongj said:
Lol you should try and read a bit more, and perhaps try and expand the way you think a bit more. Wouldn't you wish for your fellow men to improve their standards and have a useful purpose? Counting bits of 'copper' and moving it about is just no added value to mankind.
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Counting bits of copper may have no added value to mankind but it does pay a lot of mortgages. I agree progress will always happen but there always seem to be victims who find themselves out of work as a consequence... There never seems to be a happy consequence, I for one look forward to working a full time 24 hr week, but suspect I will be waiting a long time.
 
Terrywoodenpic said:
Debit cards are no longer cheque guarantee cards.
using any sort of card adds serious costs to the retailler, most do not accept them under £5.00
Banks make silly money charging businesses to pay in cash or cards.
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There are plenty of cashless schemes around the world where it works just fine without large costs. Don't forget there is also a cost in counting the copper, bagging them up, getting them to a bank or other service provider, accounting for cash, etc...I see it as an opportunity to provide a better service.

Kaolin said:
Counting bits of copper may have no added value to mankind but it does pay a lot of mortgages. I agree progress will always happen but there always seem to be victims who find themselves out of work as a consequence... There never seems to be a happy consequence, I for one look forward to working a full time 24 hr week, but suspect I will be waiting a long time.
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Many jobs pay for outgoings, each and everyone has got a choice. The job I miss most was a petrol station attendant, I'd happily pay more for that. The day will come that cash cost more to handle and process than any other method, it is old fashioned and unnecessary. Sure people will be out of work, but only if they choose not to find another job.
 
ST4 said:
What about old people and IT wary sorts who do not like "online" and "digital experiences"...
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my mother is in her late 80's and has adapted to doing everything on line - there will be a few luddites who will have no option but adapt - and then wonder why they did not embrace the digital age earlier!
 
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