Have your say on government e-petitions

Stop the production of the 1 pence coins.

Submitted on Saturday 10th September 2016

Published on Monday 12th September 2016

Current status: Closed

Closed: Sunday 12th March 2017

Signatures: 66

Tagged with

BBC ~ UK

Petition Action

Stop the production of the 1 pence coins.

Petition Details

The rate of inflation has made 1 pence coins virtually unusable.
Canada has already removed its lowest value currency from circulation.
If the cost to produce one Canadian Penny is 1.5 Canadian Cents, then we can assume it has a similar cost in the UK.
It is uneconomical to keep in circulation.

Additional Information

https://www.whatdotheyknow.com/request/cost_to_produce_one_penny

http://www.bbc.co.uk/news/business-21292441


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