Prices of metals used for minting

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EUR / gram, August 2020, rounded.
Source: dailymetalprice.com

PALLADIUM 60
GOLD 54
PLATINUM 25

SILVER 0,66
TIN 0,014
NICKEL 0,011

COPPER 0,0054
ZINC 0,002
ALUMINUM 0,0014
IRON 0,0001


How much does it cost to produce a coin?
It is very interesting to note how much the prices of some metals have increased in recent decades.
A century ago, many nations produced a large number of silver coins.
Today, very populous nations produce more coins in steel or aluminum.
As the population grows, high quality materials become too expensive:
silver coins become nickel, silk pants become cotton, leather shoes become plastic,
mahogany furniture becomes iron ... how much we matter? Is all this good?









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