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> But I recall handling costs for businesses being an argument in the debate to abolish pennies (in the US) or 1ct/2ct coints (in Europe). FWIW, the merchants
by thesimon 11y ago
> But I recall handling costs for businesses being an argument in the debate to abolish pennies (in the US) or 1ct/2ct coints (in Europe).
FWIW, the merchants in one city in Germany are currently trying to stop accepting 1ct/2ct coins, because the bank charges the merchants 1ct per coin to deposit, so they aren't making any money on it.