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What’s five cents worth?

15 May 2012

What’s five cents worth? Image

It seems five cent pieces are heading the way of the one and two-cent pieces. Even parking and train ticket machines are refusing the coins with the echidna on them.

Luckily there is one useful way to use them.

YGAP is a group of young people who are trying to change the world. Their latest fundraising idea is the collection of five cent pieces and fundraising manager Kylie Wallace explained just how much money all of those useless coins are worth.

“There is $150m worth of five cent pieces in circulation and what are they doing? They are completely redundant, except now everyone has a use for those annoying little five cent pieces!” Ms Wallace said.

There is a “Mega Vessel” set up which is moved around Melbourne and was at Federation Square when Southbank Local News found it. But that is not the only way you can get involved.

“It’s a great idea to get offices within Southbank involved. Any office can order a flat-pack online, and keep the collection in the lunch room,” Ms Wallace suggested.

“We wanted a fun, quirky campaign to get people involved with.”

If you like more information or to donate online head to the website www.ygap.com.au/initiatives/5cent

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