7 News : 5 cent piece costs 7c to manufacture

Discussion in 'Currencies' started by millededge, May 27, 2015.

  1. millededge

    millededge Active Member

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    Newsreaders told it will remain in circulation

    Stackers take note:

    The round silver 50c piece was circulated in the first year of decimal currency in Australia, then decirculated promptly, due to the price of the metal exceeding face value

    Although the 5c is a relatively modest item, maybe it is time to consider the merits of stacking it, given, admittedly an uncorroborated MSM newsbite, the purported value of the item exceeding face value quite impressively

    A caveat, the fabrication costs warrant some analysis to determine if the issue is metal, labour or other non-metalliferous issue

    https://au.news.yahoo.com/thewest/video/watch/28231007/the-5-cent-coin-costing-us-7-cents-to-make/
     
  2. boneyard

    boneyard Well-Known Member Silver Stacker

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    got to start the stash with something.
     
  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    Another reason to abandon cash!
     

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