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2p red squirrel - new UK coin design
(c02.purpledshub.com)
Image is from this article, which also talks about the new coin designs: https://www.countryfile.com/news/the-royal-mint-unveils-new-coins-featuring-british-wildlife
So I'm curious, as someone who lives in Canada, we got rid of the penny and went to a rounding system. I haven't had a single purchase/interaction with currency since that I've been like "I miss the penny". My question is, what's the point? They got rid of it here because it's value doesn't even represent it's manufacturing cost, and the waste it generates is just pointless. I geuss I just don't think the juice is worth the squeeze? Cool coin, and again, I don't live in England so forgive my ignorance, I'm just curious.
The phasing out of the penny seemed like such a (surprisingly) smooth societal transition in Canada, to me at least. This is a gorgeous coin - the red squirrel one - I'm surprised it's actually used as 2p and not a special collectible coin instead
I'm hoping it looks as good IRL. I've not been using cash much recently but will try to get hold of these. They do look like special issues but are supposedly the regular ones (the current coins aren't anywhere near as fancy).
Yeah, they get little use but things are priced .99 so if you buy two things you'll inevitably get one in your change. I think there was talk of scrapping either the 1p or the 2p but nothing came of it.
Yeah we have the same pricing in Canada, the transition is totally seemless. So few people use cash nowadays anyway.
You can read some of their arguments here and here, although none of them make much sense.
The English are not a rational people.
In the UK use of cash is in decline