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You do not specify which country or currency.

Whatever country you refer to, 1 and 2 cent coins had become relatively expensive to produce given their very small purchasing power, and were withdrawn as a cost saving measure.

This has been an international trend for quite a few years with many countries abandoning their lowest denomination coins.

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Q: Why were the 1 cent and 2 cents coins withdrawn?
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Related questions

When does cent become cents isn't one a cent and anything more than that cents?

"Cents" is the plural of "cent". This could be a little confusing, so pay attention. Referring to value, you can have 1 cent, 2 cents, 10 cents, 50 cents, etc. Example - apples are 1 cent each, oranges are 2 cents each. Referring to coins, you can have a 1 cent coin, a 5 cent coin, a 10 cent coin, etc. Example 1 - I have a 1 cent coin, a 2 cent coin and a 10 cent coin in my pocket. Example 2 - I have two 1 cent coins, three 2 cent coins and four 10 cent coins in my pocket. You are referring to the coins and describing them by their values.


What five coins equal 37 cents?

25 cents + 5 cents + 5 cents + 1 cent + 1 cent = 37 cents


How do you get 71 cents with only five coins?

You can get 71 cents with a 50 cent coin, a 10 cent coin, two 5 cent coins and one 1 cent coin.


What 5 coins make 72 cents?

One 50-cent coin, two 10-cent coins, and two 1-cent coins.


What combinations of coins can make 36 cents?

25 cent and 10 cent and 1 cent


How do you make 33 cents with 9 coins?

1 * 25 cents 8 * 1 cent Simple!


Why were the Australian 1 and 2 cent coins withdrawn from circulation?

The Australian 1 and 2 cent coins had become virtually worthless by the late 1980's, and considering their face value, they cost a lot to produce, more so because of the rising price of copper. The last Australian 1 cent coins were put into general circulation in 1990 and the last 2 cent coins were put into general circulation in 1989. They were both progressively withdrawn from circulation in 1994 and all prices rounded off to the nearest 5 cents. The Australian 1 and 2 cent coins have not been de-monetised and are still considered to be legal tender and can be deposited in banks.


What kinds of coins are there?

1 cent,2 cents,5 cents,10 cents,20 cents,1 euro,and 2 euro


How do you make 71 cents with 6 coins?

2 quarters = 50 cents 1 dime = 10 cents 2 nickels = 10 cents 1 pennie = 1 cent _________ 71 cents


Four us coins equal 11 cents?

Not possible using only current denominations (1 cent, 5 cents, 10 cents). Allowing for obsolete denominations (current plus 1/2 cent, 2 cent, 3 cent): -- 2 half cents and 2 nickels -- 3 two cents and 1 nickel -- 1 two cents and 3 three cents -- 1 cent, 1 two cents, 1 three cent and 1 nickel


How many coins in an Australian dollar?

There are 100 cents in the Australian Dollar. That can constitute - 20 x 5 cent coins. 10 x 10 cent coins. 5 x 20 cent coins. 2 x 50 cent coins. 1 x 1 Dollar coin. The 1 and 2 cent coins are no longer in circulation.


When was the 5 cent coin removed from circulation in New Zealand?

The 1 and 2 cent coins were demonetised on the 30th of April, 1990 and the 5 cent coin was also withdrawn and demonetised on the 1st of November, 2006. The 1, 2 and 5 cents coins are no longer considered legal tender.