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2006-09-06 08:58:39 · 16 answers · asked by norbigy 2 in Social Science Economics

16 answers

It has to do with the alloy mix used for 5p and 10p coins being more valuable, relatively speaking, than the alloy mix used for coppers.

By the way, if you were to weigh £1 worth of 5p coins and £1 worth of 10p coins ... they would weigh exactly the same.

Same goes for weighing £1 worth of pennies and £1 worth of 2p coins. A 2p coin weighs exactly twice as much as a 1p coin, and a 10p coin weighs twice as much as a 5p coin.

So there.

2006-09-06 09:08:31 · answer #1 · answered by fiat_knox 4 · 0 1

i'm notably specific that for the time of the previous decimalisation there became into by no skill a pound coin that became into stated as a pound, besides the fact that there have been gold money of that fee including sovereigns. We had pound notes (=costs). Pound money are meant to be an identical coloration yet they vary because of the fact of tarnishing, and additionally because of the undeniable fact that an exceedingly great sort of them are fakes! The 1p and 2p have constantly been an identical length i think of. there became into additionally a a million/2p initially. The 5, 10 and 50p have all been decreased in length because of the fact that they have been first issued. The £2 coin is a newcomer. some enterprising individual has discovered that a Mexican 10 peso coin is amazingly resembling a £2 besides the fact that it is purely properly worth approximately 48p. discovered one in my pocket some weeks in the past.

2016-10-14 09:38:20 · answer #2 · answered by quinteros 4 · 0 1

All coins have to be of different sizes so as to be identifiable by those of us with poor or no sight

The trend over time has been to downsize our currency because of:
- Cost
- Convenience of use and storage
- Inflation - 5p buys a lot less than it used to (so you need more cash in your pockets!)

I think the current 5p (which replaced the shilling or bob) was introduced later than the other two coins mentioned

We need a new £50 (and perhaps £100) note
There will soon be a £5 coin in general circulation

2006-09-07 00:45:27 · answer #3 · answered by Anonymous · 1 1

'cos they are shiny...

also on a small point relating to what someone else said: a 5p coin is not worth 5p as a scrapyard metal value... If coins were meant to be their vaule they would still be made of Gold and Silver... but, just like paper money, it's a trust thing now...

2006-09-07 03:18:10 · answer #4 · answered by xanderstephenson 1 · 1 1

they are smaller but much thicker than the 2p and 1p coin and the makers of the coin just want to make something fun to think about

2006-09-06 09:36:07 · answer #5 · answered by darkruler6688 1 · 1 1

bos the 5p coins dont have a larger size than the 2p or 1p....Is that SIMPLE!

2006-09-06 22:36:59 · answer #6 · answered by samdesign78 6 · 1 1

Maybe because the metal they are made of is more valuable than the 2p's and 1ps. Thats just a guess though!!

2006-09-06 09:00:34 · answer #7 · answered by Anonymous · 1 1

Also, 2p is larger than 10p. Depending upon how you define size, the 50p is larger than the pound coin. Ah well, when you are forced into the Euro, it will be all academic.

2006-09-06 10:49:29 · answer #8 · answered by Veritas 7 · 1 1

Grr I hate 5p coins. They're so small and difficult to handle. I hate counting them at cashing up.

2006-09-06 09:05:21 · answer #9 · answered by quierounvaquero 4 · 1 1

to peeve us off when we drop them and spend ages trying to lift it instead of us just going its only 5p i can't be bothered ,
its actually the metal used it costs 5p to make and has to be so many mm thick

2006-09-06 09:01:00 · answer #10 · answered by Nutty Girl 7 · 1 1

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