Australian Coins: Intrinsic Value

Mr Fletcher asked the Treasurer, in writing, on 17 November 2011:

As at 17 November 2011, what is the intrinsic value (based on the value of the metal) of current Australian 5, 10, 20 and 50 cent pieces and 1 and 2 dollar coins.

Mr Swan: The answer to the honourable member's question is as follows:

The intrinsic value of current Australian coins, as at 17 November 2011, is stated in the table below:

Denomination

5c

10c

20c

50c

$1

$2

Value ($)

0.0283

0.0565

0.1129

0.1553

0.0658

0.0482