This petition was submitted during the 2015 to 2017 Parliament
Closed petition Stop the production of the 1 pence coins.
Closed on
The rate of inflation has made 1 pence coins virtually unusable.
Canada has already removed its lowest value currency from circulation.
If the cost to produce one Canadian Penny is 1.5 Canadian Cents, then we can assume it has a similar cost in the UK.
It is uneconomical to keep in circulation.
https://www.whatdotheyknow.com/request/cost_to_produce_one_penny
http://www.bbc.co.uk/news/business-21292441
66 signatures
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If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 12 March 2017.