• reddig33@lemmy.world
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    10 months ago

    Surprising that any nation’s currency would be magnetic. Coins are usually made of brass, zinc, copper, silver, etc.

    • SomeoneSomewhere@lemmy.nz
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      10 months ago

      Steel is cheap. Copper, zinc, nickel, brass and especially silver are rather expensive.

      Many world coins up to about 10-50c are steel plated copper or similar.

      Most of the world considers it unacceptable to have a coin that costs more to manufacture than it is worth, let alone have just the raw materials cost that much. Smaller coins have often been simply removed.

      In the US, on the other hand, apparently the zinc industry is able to force the continued expensive existence of the penny.

      • CosmicTurtle@lemmy.world
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        10 months ago

        The issue with the penny is that they have a powerful lobby. Not many people care enough about them to write their representatives about the issue. Let alone even email them.

        Not sure what’s keeping the $1 bill around though.

        • wolfshadowheart@leminal.space
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          10 months ago

          Single dollar bills are actually useful?

          Compare the last time you’ve used pennies for .57c vs. dollars for $7

            • library_napper@monyet.cc
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              10 months ago

              Wait so do people actually try to slip loonies into strippers’ thongs? How does that work?

              • themelm@sh.itjust.works
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                10 months ago

                K, here’s a fun bit of culture for you friend.

                First of all our strippers get naked on stage so that thong comes off pretty quick into the show. Just kinda putting/tossing the money on stage is typical for the stage show, with private dances being paid in tips hand to hand and brought to a back room.

                Now I believe this next bit is specific to Alberta so don’t try it elsewhere.

                It’s a common game for the stripper to hold a shot glass or something similar in her buttcheeks, in front of her pussy etc while guests try to toss Toonies (2$ coin, lower amounts will get you various amounts of kicked out) into the glass. With patrons who get their coins into the glass being rewarded with posters or fridge magnets or something of the sort. Then when she’s done either her or some poor janitor lad will grab a magnet on a stick thing and sweep up the coins for her take home. Usually good fun.

              • SomeoneSomewhere@lemmy.nz
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                10 months ago

                For the authentic US experience, I’ve heard some clubs print their own $1 house currency, which the ATMs/bar staff sells.

                I’m sure the strippers would love to be paid in fivers, though.

    • raef@lemmy.world
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      10 months ago

      I’ve noticed that euro coins rust in pools and ponds. Not green copper oxidize, but red iron rust

        • raef@lemmy.world
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          10 months ago

          Could be. I meant euro as in the currency. Wishing well pools and ponds—wherever people throw coins—end up a rusty mass. It’s hard to tell where it’s coming from

    • Blackmist@feddit.uk
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      10 months ago

      UK lower value coins (1p, 2p, 5p, 10p) are steel (depending on when they were made) coated in something else.

      The higher value coins are not. I assume it’s a cost thing.