Vir Cantium

I'm right, you know …

Whither the Tuppence?

Busy today, so just a quickie for now:

Sweden pays its last respects to the öre

The 50 öre, a little 3.7 gramme copper coin which since 1991 has served as the lowest denomination of the Swedish currency, the krona, was rendered expendable by Sweden’s Riksbank in December 2008. On Thursday, September 30th this decision came into effect.

So what? Well, 50 öre is worth a fraction under 5p in Her Britannic Majesty’s coinage. Now ask yourself: when was the last time you bothered to find a copper in your pocket or purse when paying for something? When do you handle such coins these days except when they’re given in change?

How long before we wave goodbye to the 1p and 2p piece?

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