https://svyib3gafzjek.ok.kimi.link
Tag any other Australians here, I got kimi to make us a updating price checker for metals vs face value of coins.
Coin Weight Metal Content Current Melt Value Profit Margin
5c 2.83g 75% Cu, 25% Ni 0.056 +12.05% ✅
10c 5.65g 75% Cu, 25% Ni 0.112 +11.86% ✅
20c 11.30g 75% Cu, 25% Ni 0.224 +11.86% ✅
50c 15.55g 75% Cu, 25% Ni 0.308 -38.43% ❌
1 9.00g 92% Cu, 6% Al, 2% Ni 0.157 -84.30% ❌
2 6.60g 92% Cu, 6% Al, 2% Ni 0.115 -94.24% ❌
@charliebrownau @atomic no it's illegal to melt down currency since 1965 ((guess who)) and you use them as single barter chips for the value of their metal
So for example if copper goes to 30$/kg your coins are now worth alot more then the face value (hint: they already are worth more than the face value 12% ATM)
@charliebrownau @atomic it's not just a cheap way to invest in copper right now. The coin is worth more than the face value. 12. Whatever percent right now. So if you go in and trade in your dollar of digital currency or whatever like your note currency and trade it in for $0.05 pieces. You are making 12% as soon as you make that trade
@VooDooMedic @charliebrownau Buying rolls of coins and stashing them away safely as a part of your post collapse preparation is worth doing. I am actually looking into what's involved and I think it maybe difficult to get rolls of coins from the banks if you don't have a business account.
I was considering getting a shipping container
and getting a farmer I know to let me place the shipping
container and store a few things when it goes bad