Posted by Mike on May 05, 2001 at 01:15:04:
In Reply to: Euro posted by sceptic on May 04, 2001 at 20:55:51:
I remember hearing a few years back that the cost of manufacturing a 2 pence coin is actually 2.5 pence !!!
On the other extreme the highest denomination note is going to be €500 (about £395). Who wants to be carrying amounts of money like that around (apart from the brown envelope brigade maybe) !!!
I heard onetime that all notes above $20 were withdrawn in the US (correct me if im wrong) to make large cash transactions conspicious and therfore deter crime.
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