Australian 5-cent now costs 6-cents to make

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Australian 5-cent now costs 6-cents to make

Postby AGgressive Metal » Thu Jun 05, 2014 10:53 am

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
And he that hath lyberte ought to kepe hit wel
For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
-Aesop's Fables, Caxton edition 1484

http://stores.ebay.com/commonwealthcurrency
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Re: Australian 5-cent now costs 6-cents to make

Postby dpwozney » Thu Jun 05, 2014 11:49 am

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
“The silver is mine, and the gold is mine, saith the LORD of hosts.” (Haggai 2:8)
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