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A comment on EU considers phasing out 1 and 2 cent coins. Parent comment

Re:EU considers phasing out 1 and 2 cent coins by ajayyy on Monday October 05, 2020 @07:42PM (#24693315)
Best would be to replace 25 cents with 20 cents.
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Re:EU considers phasing out 1 and 2 cent coins by p1mrx on Monday October 05, 2020 @07:58PM (#24693438)
Maybe we could redefine the quarter to be worth 20 cents? You could take 4 quarters to the bank, and get back 5 with "20" stamped on them. Machines that accept quarters just need to tweak the quantity. It'd be nice to have a smaller 50-cent coin also.
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Re:EU considers phasing out 1 and 2 cent coins by bdamm on Monday October 05, 2020 @07:50PM (#24693373)
Why would it be best, considering the enormous cost of replacing 25 cent coins with 20 cent coins? What advantage does 20 cent coins have over 25 cent coins?
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Re:EU considers phasing out 1 and 2 cent coins by p1mrx on Monday October 05, 2020 @07:59PM (#24693447)
Because it lets you round prices to 10 cents (drop a digit), rather than 5.
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Re:EU considers phasing out 1 and 2 cent coins by lccarrasco on Monday October 05, 2020 @09:12PM (#24693855)
Technically you'd have to round to 20 cents, since you can't get 10, 30, 50 etc. cents from 20s.
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Re:EU considers phasing out 1 and 2 cent coins by p1mrx on Tuesday October 06, 2020 @03:19AM (#24695417)
We already have 10 cent coins.

The common pattern is 1, 2, 5, 10, 20, 50, ...

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