How much does a penny cost
How expensive is 1 cent?
There is a petition on the Internet for the abolition of copper coins, the small change. What can you have against it?
Well, that you always have to rummage first and that it takes longer at the cash registers. And of course this stupid price structure that ends in "99" or "95" - which probably only works for the stupid. As a rule, everyone will know that when it says "4.99" it is actually 5 euros. The small coins are hardly suitable for the piggy bank anyway. If you want to exchange change for bills at the bank or deposit it into an account, it costs extra.
Is the 1 cent coin also worth 1 cent?
Depends on. Not the material. But the production costs of the 1 cent coins are higher than the face value. I think it costs 1.5 cents to produce a cent coin, at least in Germany. The material value is only part of this. The most expensive thing about it is the copper. However, it looks like more than it is.
The coins aren't made of copper at all?
Only superficially, the core is iron. If you hold a magnet, you will notice it.
And what material are the 10, 20 or 50 cent coins made of?
One could popularly refer to this as brass. Is officially referred to as "Nordic gold". This has nothing to do with gold, of course, it is also a copper alloy that also contains a bit of aluminum, zinc and tin.
The GDR coins were lighter, weren't they?
Much easier. It was just aluminum, a light metal. Copper, on the other hand, is a heavy metal. In daily use there were only two coins in the GDR that were not made of aluminum: the 5-mark coin, which was made of a kind of bronze, and the 20-pfennig coin, which was made of brass. Incidentally, both coins were designed by Axel Bertram, the man who gave the »New Germany« a new layout in the mid-1990s.
Is such a coin actually dirtier than a banknote, bacteriologically speaking?
No, on the contrary. In contrast to banknotes, coins are fairly low in germs. Especially those that contain copper and nickel. The metals have an antibacterial effect. Silver would be even better. But that's only available for special coins for collectors.
I can hardly tell the little coins apart without glasses.
That actually works. They have different sizes and different knurling.
Are you feeling your way through your money?
You can also see the edge well, I think. And feel natural.
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