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I just got robbed in my small change.

Started by hutch--, May 11, 2011, 01:18:18 AM

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hutch--

I just added up all the small change to get rid of the weight of so many coins and lo and behold, I find an American quarter dollar that was nearly the identical size to our local 10c piece. Now if I have the exchange rate right its worth about 22c AU but nobody would accept it as currency here, there are no 10c piece slot machines to get rid of it and the fees to change it to OZ money would easily kill its value so i am stuck with it.
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vanjast

Probably a bad time to use it considering that the 'apache warriors' are on the warpath.
Think of it as a long term investment, and bury it in the garden somewhere.
:wink

Bill Cravener

Steve, that quarters worth diddly. Might be good for leveling out a table leg or something.

I still have that Aussie 50 from many years ago. Whats it worth now? Has to be worth more then our US 50. Might be time to trade it in. I looked the bill up on the net to see when it was printed since I've been unable to find a date printed on it like US monies. The only thing I could find was it first came out in 1973 and printed until 1995, has Baron Florey on one side and Ian Clunies Ross on the other.



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hutch--

Bill,

just recently our AU dollar has been appreciating against the greenback and last I knew its was worth about 1.05 US. That is still current legal tender in AU so its value will flutter at the exchange rate for many years to come. The old imperial money (Pounds) is no longer legal tender (dated 1966) but is probably worth more than its face value by collectors.

Something I don't know is the value of the slang for US coinage, "nickel" and "dime" are well known terms but I don't know which coins they are. I inherited a number of pre-1900 US silver dollars and while they are not valuable (20 - 30 USD) they are at least real money made of silver like our old imperial currency.
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Bill Cravener

I've always liked the small light weight feel of a dime, nickels feel like something you'd use as a fishing line weight. :bg

http://en.wikipedia.org/wiki/Nickel_%28United_States_coin%29

http://en.wikipedia.org/wiki/Dime_%28United_States_coin%29

And then there's the dreaded Penny which is copper-plated zinc.

http://en.wikipedia.org/wiki/Penny_%28United_States_coin%29

Here in the states I believe the most horded coin is the penny not that it's valuable but mainly because it's totally worthless and its one of them coins that's seen its day.

And I quote; "According to the US Mint, the costs of producing and shipping the one-cent (penny) during fiscal year 2010 was higher than the coins face value at $0.0179 per penny."



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hutch--

I think there is a glass bottle in the house somewhere that is full of old silver 1 shilling pieces, theoretically the same value as a 10c piece but they are now collectors items. Funny enough the most collected AU coin was the original silver 50c piece and so many people collected them that they stopped producing the original one and started to produce a faceted side phony that has no silver content.
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sinsi

Those round 1966 50c pieces - 80% silver, 12 grams, silver is $36 an ounce ($1.30ish a gram), they're worth $12 each for the silver...
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