Why do we still have 5 cent pieces?

[grubstake]

Since it now costs ~7 cents to produce a 5 cent coin, here's some food for thought during the Xmas/New Year break:

Why do we still have 5 cent pieces (and what can you do with them)?
http://www.theage.com.au/business/t...-with-them-20151109-gkua1w.html#ixzz3vxNzjvuK

and

Australia spends $110 million a year replacing lost coins
http://www.smh.com.au/federal-polit...-lost-coins-20140604-39ixj.html#ixzz3vxbFNrud

 

[silver]

Carefull, or the mongrells will try to get us to accept alloyuminium.

 

[Goldpick]

Maybe they should gold plate them, would make for more interesting finds.

 

[rocketaroo]

5cents bought a nice big scallop in the 80s. I miss the 80s, best decade there will ever be.

 

[silver]

5c in the sixties at 6 for 1c got you a bag of 30 raspberry lollies,... and that was at the corner store.

 

[silver]

5cents bought a nice big scallop in the 80s. I miss the 80s, best decade there will ever be.

Now is that a scallop scallop or a potato scallop ? :lol:

 

[rocketaroo]

i remember .5 cent lollies in the 70s

 

[silver]

The times, they were a changing.

 

[Goldpick]

Back when it was actualy worth collecting cans for a 5c deposit to buy some lollies.

 

[silver]

I used to collect the empty small softdrink bottles for 5c each,... could get just a bag of lollies, or two bottles would get me a packet of red seal french fries,... or three bottles for another little bottle of soft drink,... I loved going to soccer as a litle fella ( bouzzie ). :lol:

 

[KarlS]

Australians lose about 255 millions of coins every year.

Good, that's why I do coin shooting.
Karl

 

[Still Looking]

and $2 coins seem to be the easiest to lose too....lot of money lying around to find ...