Thread: Loose Change
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Old 12-05-2006, 10:12   #1
yerself
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Loose Change

You know that whisky bottle or Cadbury's roses jar you throw all your loose change in, well get it emptied over the living-room carpet and scrabble through the 2p pieces.

2p coins now worth 3p
Britain's 2p coins are now actually worth 3p - thanks to the soaring price of copper.
Any 2p coins made before 1992 are now more valuable as scrap metal than loose change.
Earlier 2p coins contain 97% copper which has hit an all-time record price of $8,000 a tonne.
It means that 145,000 2p coins would be worth £2,900 at the bank - but about £4,400 as scrap.
One penny coins from the same period are also worth roughly 50% more than their face value.
in 1992, the Royal Mint introduced new 1p and 2p coins made of steel with just a thin copper plating.

From: www.ananova.co.uk
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