The UKTreasury could be paving the way for the end of 1p and 2p coins as it seeks views on the future of cash.
It is inviting comments on the mix of coins in circulation as consumers move to non-cash payments such as contactless and digital spending.
Ministers say there are no current plans to scrap them.
But the consultation hints at the growing cost of handling these coins. It also questions the validity of the £50 note.
Wow they even show the impact of inflation and
The devaluing of the currency.
"The value of the 1p coin has also been reduced by inflation so, in effect, the 1p coin is now worth less than the halfpenny when it was abolished in 1984."
One step closer to their plans of a cashless society !
