News & Blog

The end of the penny?

Posted on Tue, 13 March 2018 by Phil Mussell - General News, Coin News

So in the Spring Statement the Chancellor is talking about phasing out the 1p (and with it over 1000 years of history) and 2p coins and, at the other end of the scale, the £50 note - just because not many people use them and others find them pointless... If we are going down that route there are, perhaps, other things that are rarely used and a little bit pointless that we could perhaps look at getting rid of. Let's start with some of our MPs maybe?