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Even better: the US used to have a half-cent but they abolished it in 1857 due to its lack of value. With inflation, it's worth more than today's dime.


For a few years during the transition to decimalisation, the UK had a half penny also.

http://en.wikipedia.org/wiki/Halfpenny_(British_decimal_coin...


Some would argue that your example is almost exactly as good as the other one given.


His example features actual abolition of an existing coin, not just deciding "well, this ought to be granular enough" when designing money.




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