Can Germany ditch its 1 and 2-cent coins? – DW – 04/25/2025

by Beratungsmarketing

10 comments
  1. All for it. IMO we can also discard the 5 cent pieces. Just round it to the next single decimal.

  2. Edit: I’m a dumbass. Nothing changes for electronic payments. Let’s do it!

    Why? You think they will round down? At this point almost everybody is paying per card anyways. What they are effectively asking is if we want to pay a couple of bucks more per month. Thx, but no thx. 10-20 years too late.

  3. We tried in Kleve, it absolutely didn’t work and everybody disliked it. Funnily enough, 20km further in Nijmegen, this somehow works.

  4. All for it, lived for a short while in Finland 20 years ago, and they were already ahead of everyone implementing this. You round up or down depending on the final price, so you either lose or gain 2/3c. Not exactly going to leave you poor!

  5. Can we drop them and ban them from prices at the same time? Rounding at checkout seems just weird, especially if the only reason is to let stores continue their psychological pricing tricks.

    Or can we just increase the prices of getting a roll of coins from the bank? Apparently the associated costs are not enough if most stores calculate that the extra amount of fees for getting small coin rolls is lower than the expected additional revenue through psychological pricing. Raising the fees would eventually make small coins disappear.

  6. I have a lot of coins mainly 5 cents even 20s. I have been collecting them since I came here. How can I turn all of them into bills? Any practical idea?

  7. Netherlands are asking for that for years. Those coins were borderline regarding cost vs usefulness when the Euro was introduced and completely stupid now.

  8. All for it, CGP Grey made a good video about it years ago for the US, citing the Netherlands and Finland, both Eurozone members, as examples to follow, and I think Germany should follow suit

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