The British decided to eliminate the halfpence coin in 1984. Which is the most likely reason for this decision?

• The British were very fond of their sixpence coin and refused to get rid of it.
• The British were more annoyed by it than occasionally paying an extra halfpence.
• The British were looking to more accurately reflect the value of small transactions.
• The British spent more manufacturing a halfpence coin than the value of the coin.

• The British were looking to more accurately reflect the value of small transactions.