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Old 04-10-2006, 12:06 PM   #14 (permalink)
mcauleyab
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Quote:
Originally Posted by Nemisis
Q7. Why are 1994 Australian $1 coins worth more than 1989 Australian $1 coins?

The coins then were made of 80% silver and 20% copper, but as the value of a free-floating silver price became higher, the coins' bullion value became more valuable than their face value and so were withdrawn from circulation. so the value of 1994 Australian $1 coins was more than 1989 Australian $1 coins.
Now that you mention it, that probably is entirely true. However, I was heading down the path that salocius found - think quantity not value! Sorry!



I can't believe how quickly these were solved. You realise now, the next set are gonna have to be near to impossible now. I'll have to raise the bar somewhat! :!:
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