this post was submitted on 14 Aug 2023
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[–] EvergreenGuru 10 points 1 year ago (1 children)

The same can be said about the US penny and nickel. Both cost at least double their value to produce.

[–] Chainweasel 5 points 1 year ago* (last edited 1 year ago) (1 children)

While true for the penny at least ($0.03 melt value (for solid copper pennies before 1982)) that's the lowest value coin we have. What's a Kopeck worth vs it's metal value?

[–] [email protected] 1 points 1 year ago

I remember it used to be 1/13 of its metal value, but I can't Google it up quickly and the ratio has probably changed since then anyway.