Articles

Revolution In Czech Wallets: The Smallest Coin Must Go

In Economy on August 6, 2008 by Petr Bokuvka Tagged: , , ,

As of September Czechs won’t use the CZK .50 (50 heller coins). After 116 years of existence of heller coins Czechs will only have “crown” coins (1, 2, 5, 10, 20, 50).

Stores and other businesses selling products promise that they will keep quoting prices in hellers (like CZK 8.50 for a Milky Way bar, for example) and only the whole purchases will be rounded up, the iDNES.cz news server reminds. However, some smaller items might become more expensive in cases where and when people do not make bigger purchases, which means for example the aforementioned candy in vending machines or at news stands where clients would buy just this one item.

It has been widely known for many years that the production of the coins was in fact much more expensive than their value [what one could buy with them].

Any coin collector out there who might want some? In the comments please… I’ll see what I can do.

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One Response to “Revolution In Czech Wallets: The Smallest Coin Must Go”

  1. [...] Czech Daily World reports that as of September Czechs won’t use the CZK .50 (50 heller coins). He adds, “after 116 [...]

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