Message:

<p>[QUOTE=&quot;gxseries, post: 2322929, member: 4373&quot;]A pretty long post but I&#039;ll reply as compact as possible. </p><p><br /></p><p>I acknowledge that labor cost in Australia is absurdly high compared to the rest of the world. As such, Australia has to make do with higher productivity to offset the overall cost. Because I do not have such data from the Australian and US mint, this is the main reason why I refrain from making comparison.</p><p><br /></p><p>My argument still remains - even with high labor cost, you have a production line that is setup to strike coins. With the same production line, you can use it to strike quarters, nickel, cents, dollar or any other foreign coins. Granted, the material cost of dollar coins is slightly more expensive compared to quarters. But with the same production line and with similar production rate, is it difficult to accept that it is certainly more profitable to strike higher denomination coins with the same labor cost? I reckon that you can make 2-3 times profit just to strike dollar coins compared to quarters and much more compared to other denomination. </p><p><br /></p><p>As I have never been to the US, I do not know what a quarter can buy. In Australia, you can get a soft serve at McDonald for 50 cents. McDoanlds does have a menu that you can buy with &#039;loose change&#039; so there is some practical use for such change. <a href="https://mcdonalds.com.au/menu/loose-change-menu" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://mcdonalds.com.au/menu/loose-change-menu" rel="nofollow">https://mcdonalds.com.au/menu/loose-change-menu</a> (I&#039;m not trying to promote &#039;unhealthy&#039; lifestyle)[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in