No Euro or Bitcoin, the Czech crown will be brought down by something completely different. You may be surprised
Did you also think that for money to disappear, some huge political, economic or natural disaster must come? That's usually the case. But sometimes the reason can be considerably more "petty" and simple.
Okay, maybe I didn't phrase it exactly. We are not talking about the fall and demise of the currency as such. In this case, it is only our physical coin of one koruna that is at risk. That is, our smallest currently valid coin. Indeed, speculation is beginning to spread more and more frequently on the internet that the fate of the physical one crown could be similar to that of the 50 cent coin.
Why is the crown in danger?
The reason is quite simple. The production cost of the coin is getting dangerously close to its face value. If it exceeds it, it simply would not be worthwhile for the Mint to mint the coin.
However, from the information available on the internet, it does not seem (at least I have not come across any such info or specific…