Cryptocurrency Q&A
How much is the metal in a 1 coin worth?
How much is the metal in a 1 coin worth?
DigitalDynastyGuard
Fri Nov 22 2024
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5
answers
936
I'm wondering about the value of the metal in a single coin. I want to know how much the metal itself, not the face value of the coin, is actually worth.
5 answers
Bianca
Sun Nov 24 2024
The value of a £1 coin is often overlooked when considering its metallic composition.
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SamuraiBrave
Sat Nov 23 2024
Based on today's prices for copper, zinc, and nickel, the real value of a £1 coin amounts to just £0.039p.
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KimonoGlitter
Sat Nov 23 2024
The pound coin is made up of 70% copper, which is the largest component by percentage.
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CryptoEmpire
Sat Nov 23 2024
Alongside copper, the coin also contains 24.5% zinc and 5.5% nickel.
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CryptoVisionary
Sat Nov 23 2024
Despite its metallic make-up, the coin only weighs a mere 9.5 grams.
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