Two cent coins are one of the smallest values in your wallet. Still, some are worth much more than their base price, find out which ones.
Several countries have chosen to withdraw their one and two cent coins from circulation. This is the case of Ireland, Belgium, Denmark, Finland, Hungary, the Netherlands and Sweden. Having become rare, some coins have seen their value increase.
The red pieces are made to disappear
According to Capital, which relays information from the German media Southgerman newspaper, Ursula von der Leyen, President of the European Commission, would consider removing the red pieces. Only the five-cent coins could be spared by this withdrawal.
This initiative would allowround up prices, eliminate counting efforts and save on manufacturing costs of these parts. According to a 2013 report, the production of the one and two cent coins cost 1.4 billion euros to the euro area since 2002.
Germany against, European citizens for
However, the project is not yet unanimous among the member states of the European Union. Germany, in particular, is resistant to the idea of this abolition. The country, ruled by Angela Merkel since 2005, is one of the brakes on the project, according to local media Southgerman newspaper.
European traders, for their part, fear having to revise their prices downwards to round them off if the red coins were to be withdrawn from circulation. On the other hand, according to a survey published in 2018 by the European Commission, 64% of European citizens voted in favor of the withdrawal of these parts.
Read also :
– These 2 euro coins which are (very) expensive
– These 1 euro coins that can be worth a lot
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