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Australian 5-cent now costs 6-cents to make

PostPosted: Thu Jun 05, 2014 10:53 am
by AGgressive Metal
The latest from Coinflation. Remember, "cost to produce" is necessarily higher than the actual value of raw materials. Australian 5-cent is cupro-nickel same as its US counterpart, but its a smaller lighter coin.

http://www.dailymail.co.uk/news/article-2649015/Aussie-Mint-spends-110m-replacing-coins-lost-couch.html

Re: Australian 5-cent now costs 6-cents to make

PostPosted: Thu Jun 05, 2014 11:49 am
by dpwozney
Mass, “Metal Value (USD)”, and “Exchange Value (USD)” for this Australian 5-cent coin are provided here.

The “Metal Value (USD)” is currently given as “$0.02805” and the “Exchange Value (USD)” is currently given as “$0.04663”.

http://www.currencydebasement.com/base-metal&c=AUD