The director of Coin News magazine, said it's likely that "the penny will go" in the UK.

Phillip Mussell’s comments come after the Bank of Ireland announced that all cash euro transactions in the country will be rounded up or down to the nearest five cents, as it begins phasing out smaller coins at the end of October.

Mr Mussell said small copper change is on its way out in much of Europe, and said there's "potential" that the UK could start rounding their coins to the nearest five like other countries.

He added a "number of coins have disappeared" over the years and the loss of copper coins would be a "great shame".

This clip is originally from 5 live breakfast on Wednesday 21 October 2015.