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Where/When/How Are Coins Removed From Circulation?

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Pillar of the Community
Australia
1005 Posts
 Posted 12/07/2011  06:23 am  Show Profile   Bookmark this reply Add ozcoins to your friends list Get a Link to this Reply
If people REALLY cared, we could get a large sample of coins, count up the numbers for every year and compare to the ratios that each year was produced in.
eg if there were 100 million coins produced in 1980 and 100 million coins produced in 2000, you would expect to find the same numbers of 1980 and 2000 coins in a large sample of coins - although losses of the older coins would make things not equal, and you could see how big the difference was.
I have considered doing that, and think it would be a very good way to work out the rate they disappear from circulation, but would take a lot of work.
Pillar of the Community
Australia
841 Posts
 Posted 12/07/2011  3:53 pm  Show Profile   Bookmark this reply Add Ausjack to your friends list Get a Link to this Reply
I do care but that's a BIG job..way to big for this little black duck, but just say the word and I'll help in any way I can.
Pillar of the Community
Australia
841 Posts
 Posted 12/07/2011  4:22 pm  Show Profile   Bookmark this reply Add Ausjack to your friends list Get a Link to this Reply
Hey nanncy, glad I could tickle your funny bone..but I'm still onto you . I'm a roach now but born a bender HAHAHA.

NOW Gecko..WHAT WHAT WHAT, what do you mean "same person"? Please explain(quote-P.Hanson) LOL. I hope your not talking about me 'cause "there can be only one" (Quote-highlander) LOL. So who are the two peas in a pod..it wouldn't be the grumpy old men would it . Stevo mmmate, looks like we're team grumpy .
Valued Member
steve - Oz 50c man's Avatar
Australia
490 Posts
 Posted 12/07/2011  9:20 pm  Show Profile   Bookmark this reply Add steve - Oz 50c man to your friends list Get a Link to this Reply
Happy to be on the grump team!
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