5 sentimo coin costs 57 sentimo to produce.

[ZenOps]

Was youtube surfing when I came across this:

[henrysmedford]

The best part for me was watching my son trying to understand what they were saying.

[ZenOps]

http://ph.news.yahoo.com/penalty-coin-h ... 00130.html

Additional news:

Under HB 1662, which once enacted will be known as the "Anti-Hoarding of Philippine Legal Tender Coins Act of 2013," violators face a penalty of eight years imprisonment and a fine not exceeding P300,000.

Thats not really what scares me.

What scares me is that most of their coinage is plated nickel. Ouch.

[Verbane]

Greshams law in affect for the 1995 to 2003 Brass 25 Sentimo:
US $1 = 43 PHPeso * 4 coins per peso = 172 * 3.8g = 653.6g / 454g = 1.44 lbs Brass * $1.50 = $2.16

Therefore... $1.00 = $2.16

What scares me is that most of their coinage is plated nickel. Ouch.

Most of the coins are plated steel, not plated nickel.