Technorati Tags: coins
This is happening in other places. Bangladesh, for example, where millions of Indian coins are being smuggled in and turned into razor blades. And that’s creating an acute shortage of coins in many parts of India. Police in Calcutta say that the recent arrest of a grocer highlights the extent of the problem: he confessed to melting down tens of thousands of Indian coins into razor blades and told the police
Our one rupee coin is in fact worth 35 rupees, because we make five to seven blades out of them.
One day, the coins will be a memory, so perhaps I should salt away a rupee coin to sell on eBay in a hundred years. They probably won’t be that rare though, unlike the rarest banknote in existence which is in the G&D Banknote Museum: it’s the only existing 100-mark note dated 1914 from the former colony of German New Guinea. If you do find a £50 anywhere (apparently they’ve gone to Poland), don’t spend it, save it for posterity.
These opinions are my own (I think) and presented solely in my capacity as an interested member of the general public [posted with ecto]