European Union Considering Eliminating the 1 and 2 Cent Euro Coins

Euro 1 Cent Coin

A couple of weeks ago I answered a Mail Bag question regarding why we have the Lincoln Cent. In that reply, I posted a lot of reasons why we likely won’t see the Cent go away including retailers having to adjust prices up or down. Now, however, it appears that the European Union is considering eliminating the 1 and 2 Cent Euro coins in countries that participate in their monetary scheme. That could go a …

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