Interesting Question of the Day – 9 October 2019

One and two cent coins were removed from circulation in 1992.

What happened to a lot of those coins a few years later?

The first new player to comment on the website with the correct answer wins a free drink at their next iQ Trivia show.

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6 comments on “Interesting Question of the Day – 9 October 2019
  1. Old Bill says:

    They were exported and melted down for their Copper, Nickel and Zinc. Since they were still legal tender it was illegal to “deface” them in Australia. At the time of the cessation of minting them, it cost more to make them (material cost) than their face value.

  2. Old Bill says:

    My guess is that the recycled metal went into coins of higher denomination.

  3. Old Bill says:

    OK, I finally get it. Medals

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