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 1000pc non-magnetic piso coin pinapalitan ng 1.2k php

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PostSubject: 1000pc non-magnetic piso coin pinapalitan ng 1.2k php   Tue Mar 15, 2011 9:11 pm

Meron nagpunta rito na taga-junkshop...nag-alok ng 1,200 pesos kada isang libong piso na hindi nama-magnet. Ipapadala siguro sa China para tunawin.
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josie



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PostSubject: Re: 1000pc non-magnetic piso coin pinapalitan ng 1.2k php   Tue Mar 15, 2011 9:52 pm

6.1grams Cuni.
1995-2004

http://en.wikipedia.org/wiki/Coins_of_the_Philippine_peso

http://www.kitcometals.com/charts/Copper.html

http://www.kitcometals.com/charts/Nickel.html

http://www.kitcometals.com/charts/zinc_historical.html

373.2 grams per pound,around 61.18 pieces per pound
62 pieces or piso= 4 dollars per Lb. in copper. 140 pesos in total the least.

62 pieces in nickel 11 dollars per lb more expensive than copper 440 pesos.
By 1000 pieces /62pcs/Lb is 16.1290 Lb.*4 for copper is 64 dollars*40 2580 Piso for copper only.
By 1000 pieces /62pcs/Lb is 16.1290 Lb.*11 for nickel is 177 dollars*40 7097 Piso for nickel.

Just melting in junkshop they will going to make it in profit and it will not be redeemed by the BSP so it is lost as a additional fund if old peso is demonetized not even to look for new variety if any exist it is all gone,the bank teller,or cashier should pull it out to circulation of the numismatic society make a info drive or pull them it by themselves in the Philippine search or study them for variety or sell them on ebay if they like or stock it in thier coin shop.

The metal value increase that the old cuni one peso is worth around 3 piso.
6.1g 373.2/6.1=61.1803279 pcs by 4 dollars/lb 4*40 is 160 4*43=172.
160piso/61.1803279 2.61 metal value of piso for old cuni piso lowest from 1995-2004 10 coins is around 26 peso if series as souvenir they can make a plastic package just like other dealer made their own maybe 2004 is the hardest 2 dollars for a series 1995-2004 maybe just a comment.

http://www.campaignforliberty.com/blog.php?view=41174

If the Philippine didnt withdraw the one piso cuni coin its worth 2.58 peso already no need for other adjustment,it means that a cuni piso increase its value intrinsically.
What happen to the salary then on that time when cuni piso is already high,does it mean that a minimum wage earner increase on product he can purchase??in a way increase his wages even it is around 300-400??

In debasement of steel piso does it mean that a minimum wage earner decrease its wages not knowing it even it is still 400 piso,that the prices are all going up and debasement of piso and Philippine currency even it is 400,we know because we felt it everyday.
4dollars for a Lb of copper*40 exchange rate 160/62 pcs to be made in one Lb of copper, additional or multiply it by 2 or 5 to have its purchasing power not only to its metal content only but also as a maximum valueof a cuni piso coin, the lowest is its metal content,it can be up to 5 to 10 piso it does not mean that the exact value of metal content is same value that you can buy product there is a iota to the metal content to the cost in making one coin and the government can add a little more as a buffer for inflation or other reason.

Meaning the value of piso in metal content decrease same of its purchasing power,inflation of raw material and product through debasement,or debasement through inflation of metal prices.

They can keep it as it is and adjust the value of piso.


Last edited by josie on Wed Mar 23, 2011 5:33 pm; edited 1 time in total
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PostSubject: Re: 1000pc non-magnetic piso coin pinapalitan ng 1.2k php   Thu Mar 17, 2011 8:22 am

From what I read most of these coins are being converted into fashion jewelries. The 10 piso is also getting scarcer as most jewelry makers and metal exporters hoard and sell these coins.
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josie



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PostSubject: Re: 1000pc non-magnetic piso coin pinapalitan ng 1.2k php   Thu Mar 17, 2011 6:54 pm

Just posting.

http://www.bsp.gov.ph/downloads/Publications/FAQs/banknotes.pdf

http://en.wikipedia.org/wiki/Coins_of_the_Philippine_peso#Circulating_coins

http://www.coins-of-the-uk.co.uk/pics/metal.html

http://www.cointalk.com/t16355/

Just posting.

http://www.pia.gov.ph/?m=1&t=1&id=29298

Stiff,strict.firm law didnt know that thats clear only other goverment can bury coins,metal disc etc to new buildings where that tradition came from.

http://www.predecimal.com/forum/index.php?showtopic=2809&st=0&p=23873&hl=+putting%20+coins%20+in%20+foundation&fromsearch=1&#entry23873

From other forum most of them are expert in there own field of interest.

http://books.google.com/books?id=pqINoVlD0RcC&pg=PA95&sig=qPBKLXDunfOvKpCcf8A_TOTeWFg&hl=en#v=onepage&q&f=false

http://www.google.ie/search?hl=en&client=firefox-a&tbo=1&rls=org.mozilla%3Aen-US%3Aofficial&channel=s&biw=1138&bih=519&tbs=tl%3A1&q=coins+beneath+temple&btnG=Search&aq=f&aqi=&aql=&oq=


Last edited by josie on Sun May 01, 2011 8:01 pm; edited 2 times in total
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PostSubject: Re: 1000pc non-magnetic piso coin pinapalitan ng 1.2k php   Mon Mar 21, 2011 7:32 pm

Napalitan kanina yung 1.6k ko ng 1.9k...hindi ko na dadalhin sa bangko ang mga coins ko dahil meron service charge na 2% na sinisingil sa akin tuwing magdedeposito ako ng coins.
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josie



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PostSubject: Re: 1000pc non-magnetic piso coin pinapalitan ng 1.2k php   Wed Mar 23, 2011 5:38 pm

It never stops all the additional charges,already made a deposit then charge the depositor,just like a storage fee for gold if currencies will return to precious metal,all gold just a payment for storage or most of the savings will just go the additional charges per transaction,hope is not that to much that banks are earning not only to the high interest in loan but high charges per transaction just like a rain spout,all in.
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PostSubject: Re: 1000pc non-magnetic piso coin pinapalitan ng 1.2k php   Today at 3:45 pm

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