• reddig33@lemmy.world
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    9 months ago

    Surprising that any nation’s currency would be magnetic. Coins are usually made of brass, zinc, copper, silver, etc.

    • SomeoneSomewhere@lemmy.nz
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      9 months ago

      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.

      • CosmicTurtle@lemmy.world
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        9 months ago

        The issue with the penny is that they have a powerful lobby. Not many people care enough about them to write their representatives about the issue. Let alone even email them.

        Not sure what’s keeping the $1 bill around though.

            • Apathy Tree@lemmy.dbzer0.com
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              9 months ago

              My mom once told me a story.

              Back in her college days, which would have been in like… idk the 70s? She and her catholic college girlfriends would donate blood and go drinking, because the smaller volume of blood made them get drunk faster.

              They would then go to the male dancer strip club, and put quarters in the dancers g-strings to see if they could make it fall down.

              She never said whether they succeeded or not…

              But coins as tips for dancers are banned in clubs now because they are a major falling hazard. Especially for dancers in nosebleed heals with little ground-contacting surface area. You’ll definitely get tossed out of you try it

            • HootinNHollerin@slrpnk.net
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              9 months ago

              I no joke had a stripper respond to me saying I’m out of dollars by saying ‘oh it’s ok honey you can make it hail’

              She was hilarious

            • themelm@sh.itjust.works
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              9 months ago

              So in Alberta its a common game for the stripper to hold a shot glass or similar in her buttcheeks or in front of her pussy and have people try to get Toonies in the glass (2$ coin, lower values will get you kicked out eventually) winners are rewarded with a fridge magnet or poster with her image.

        • wolfshadowheart@leminal.space
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          9 months ago

          Single dollar bills are actually useful?

          Compare the last time you’ve used pennies for .57c vs. dollars for $7

    • raef@lemmy.world
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      9 months ago

      I’ve noticed that euro coins rust in pools and ponds. Not green copper oxidize, but red iron rust

        • raef@lemmy.world
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          9 months ago

          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

    • Blackmist@feddit.uk
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      9 months ago

      UK lower value coins (1p, 2p, 5p, 10p) are steel (depending on when they were made) coated in something else.

      The higher value coins are not. I assume it’s a cost thing.