Hate stuff priced with 99 at the end? You'll wish this 9-cent coin was real
It's a well-known psychological trick to make you think an item is cheaper -- the ending of a price with the number nine.
In reality, buying things with nine cents at the end will leave one with plenty of pennies in America. If you're in Australia or Canada, that one cent magically disappears thanks to the devastating mathematical power of rounding.
The concern has plagued people for years: Why isn't the 9-cent coin denomination a thing?
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It's also something 10-year-old Owen has thought about, ringing in to Australian radio station triple j to speak out against the travesty.
"Pretty much every price, they're like $5.99. There's no point, because you don't have a 9-cent coin," he said. So with the help of radio hosts Veronica and Lewis, they created Australia's first 9-cent coin especially for Owen.
The coin comes with Queen Elizabeth donning a legionnaires hat, plus a Aussie meat pie slapped right on the front. It has also been christened with tomato sauce a.k.a. ketchup and dipped in beer, a journey that all Australian coins take.
Unfortunately for us all, it isn't legal tender Down Under or anywhere around the world. You'll have to keep losing that cent every time you buy something thanks to rounding, or continue to contend with piles of pennies for a little while longer. Sorry.
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