Do Banks Still Accept 1/2 Cent Coins?

What can you do with 1 cent coins?

To help you combat the penny problem, here are some strategies for spending them, plus ways to put them to creative use.DEPOSIT THEM AT THE BANK.

TAKE THEM TO A COINSTAR MACHINE.

MAKE A COLD COMPRESS.

CREATE DIY DRAPERY WEIGHTS.

SEPARATE THEM INTO DENOMINATIONS BEFOREHAND TO MAKE SHOPPING EASY.

DECORATE YOUR FLOORS …More items…•.

What are 1 cent and 2 cent coins worth?

The going rate for a circulated 1¢ or 2¢ coin is $3 while those in mint (uncirculated) condition can be worth up to $15. Rarities, such as a 1966 ”mis-struck” coin, are listed for $95.

Fifty Cents 1966 (round, silver), Coin from Australia – detailed information. The 50 cent coin was first introduced with decimalisation on 14 February 1966. … The composition of the 1966 coins is 80% silver and 20% copper (0.3394 ASW). They are still legal tender, although in practice they do not circulate.

Are Round 50 cent pieces worth anything?

Sadly, because so many of these coins were minted (more than 36 million) they coin is neither scarce or particularly valuable In fact the 1966 50 cent coin value is generally only the value of the silver it contains. …

Do banks still accept 1/2 cent coins?

This means that you can take your old 1-cent and 2-cent coins to the bank and exchange them for currency totalling the same face value. … They were outlawed by the British government in 1825, but all other coins remain legal tender.

Do Australian banks still accept 1 and 2 cent coins?

Yes, 1c and 2c pieces are still Australian legal tender, but they are not considered as ‘currency’ (or, money that is officially released for circulation). This means that you can take your old 1c and 2c coins to the bank and exchange them for currency totalling the same face value.