The scrap value payable by the Mint is based on the lesser of face value and the average London Metals Exchange price, for metal components in the coin’s alloy, over the calendar month preceding the claim less a fee reflecting losses, handling and administration fees incurred by the Mint.
|
Alloy |
Scrap value payable / kilogram |
|---|---|
|
Cupro-nickel ( 5c, 10c, 20c & 50c ) |
$13.44 |
|
Aluminium bronze ( $1 & $2 ) |
$11.21 |
February 2025 prices / March 2025 redemption