Steel is cheap. Copper, zinc, nickel, brass and especially silver are rather expensive.
Many world coins up to about 10-50c are steel plated copper or similar.
Most of the world considers it unacceptable to have a coin that costs more to manufacture than it is worth, let alone have just the raw materials cost that much. Smaller coins have often been simply removed.
In the US, on the other hand, apparently the zinc industry is able to force the continued expensive existence of the penny.
Could be. I meant euro as in the currency. Wishing well pools and ponds—wherever people throw coins—end up a rusty mass. It’s hard to tell where it’s coming from
Surprising that any nation’s currency would be magnetic. Coins are usually made of brass, zinc, copper, silver, etc.
Steel is cheap. Copper, zinc, nickel, brass and especially silver are rather expensive.
Many world coins up to about 10-50c are steel plated copper or similar.
Most of the world considers it unacceptable to have a coin that costs more to manufacture than it is worth, let alone have just the raw materials cost that much. Smaller coins have often been simply removed.
In the US, on the other hand, apparently the zinc industry is able to force the continued expensive existence of the penny.
I’ve noticed that euro coins rust in pools and ponds. Not green copper oxidize, but red iron rust
It looks like only the 1, 2, and 5c Euro coins contain steel.
Could be. I meant euro as in the currency. Wishing well pools and ponds—wherever people throw coins—end up a rusty mass. It’s hard to tell where it’s coming from