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 What I have just recently started doing was going back to paper for most purchases and putting the coins I am receiving in change into a large plastic jar. That's the 5c, 10c, 20c, 50c and 1 dollar coins. Not the 2 dollar unless the are some sort of commemorative coin. The 2 dollar as you are aware is actually smaller and has less metal than the 1 dollar, so is more akin to paper.
https://youtu.be/UqqvKDZ9jpQ
https://youtu.be/lE2mp3HELGM
https://youtu.be/AvsOkp_WPxY
https://youtu.be/ni4GxvWrFBo