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That's a " pretty penny " for a copper coinI don't think that top end collectors of NORFED those who have one, would let one go for under $5000 AUD
Oh yes i doU have 1 ?
Cool to have a nice Valued coinOh yes i do
Mate, I semi stack coins. Whenever I shop I never spend coins & usually don't spend $5 & $10 notes.I couldn't imagine a world where I stacked copper coins or bars. Silver can become a storage and transportation nightmare as it is. Unless you're buying at scrap prices, your stack would be 90%+ premium. You're probably better off stacking 5,10 and 20 cent pieces these days. I recall ozcopper Calculated the metal value in our coins a year ago and it wasn't far off the coin denomination. I bet we're on parity or over now.
I also went through a phase of collecting numismatic decimal currency. Although it paid off big time in the long run, god damn does it take up some space! I also look forward to the day it will be highly advantageous to convert silver to gold when the GSR corrects. There's something satisfying about being able to cram so much value into such a small space. But I digress... Copper is a big NO THANKS for me.
But the bulk of my coins were $1 & $2 The are smaller than a 20 cent coin so I would think their melt value would be even lessI just ran numbers for melt value on 20 cent coin.
Well I made Grok do it for me.
- Copper value: 8.475 grams × AUD 0.01858/gram = AUD 0.1575
- Nickel value: 2.825 grams × AUD 0.02271/gram = AUD 0.0642
- Total melt value: 0.1575 + 0.0642 = AUD 0.2217
Slightly over 20 cents.
Thanks for the feedback mate, it's appreciatedI started on chat GPT, but it would shutdown on controversial topics. So now I use grok3.
They're good for some things, not good for others.
I used Grok to write a python program that measures frontal cortexes from MRI brain scans, I got it working pretty well, within a few % of freesurfer analysis, not good enough to publish, but not bad. I did that without being an expert in programming or neuroscience.
It's good for statistical analysis, it goes and grabs the relevant data, does all the maths, something that would take a team years, can be done by 1 person in minutes with the right prompts.
It's given my pretty accurate legal advice.
It is wrong on a lot of news stories, but you can question it into changing it's mind. For instance it will say Q is a debunked conspiracy theory, but if you show it 5 or 10 Q proofs it changes it's mind to saying it's 99+% likely connected to Trump and his team.
Thanks for ur insights mate.It's pretty much made conventional search engines out dated. If I want to know something now, rather than asking a search engine and clicking around on links and reading slabs of text until I find what I am looking for, I can just ask AI and it tells me.
Like the melt value of those coins, I needed to correct it on metal prices, because it doesn't have live accesses to those, but it knew the quantity in each, the maths needed and did it all for me in 10 seconds, when if I was going to do that on my own it would take maybe an hour. (I work slow)
I can't see it going away, but it is in a speculative bubble at the moment, priced on what it might be able to do in the future.
I just ran numbers for melt value on 20 cent coin.
Well I made Grok do it for me.
- Copper value: 8.475 grams × AUD 0.01858/gram = AUD 0.1575
- Nickel value: 2.825 grams × AUD 0.02271/gram = AUD 0.0642
- Total melt value: 0.1575 + 0.0642 = AUD 0.2217
Slightly over 20 cents.
Really - is the 5 cent coin gone in NZ ?That's brilliant. Makes cents to stack
I wonder when they'll remove the 5 cent coin like they did in NZ
They removed it many years ago. 2006, I thinkReally - is the 5 cent coin gone in NZ ?