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Before the crisis, the coin used to buy many small necessities for daily use, the value of which was equivalent to a third of a dollar, but today it has become a target for collecting by coin collectors.
However, after the crisis, the value of the 500 Lebanese pound metal rose, as the holder could sell it at a price higher than its price.in US dollars.
As for Lebanese market traders, the price of a kilo of metal for 500 Lebanese pounds has become more than 20 US dollars.
Banking risk expert Mohamed Fahili said in a comment to the site "Sky News Arabia ": There are Lebanon Markets for the manufacture of nickel and copper, and there are some traders who want to buy them ".
Al-Fahili added: "sold nickel Then it is melted and made, and in the current circumstances, it remains economically unsurprising to talk about it, and it is considered a natural matter".
On the other hand, the 250 . piece started ll Copper turns into women’s jewelry and accessories, and they are sold at varying prices according to size and shape in the tourist market fairs this summer.
A copper merchant in the city Batroun Tourist north of the country to the site "Sky News Arabia"The 250-lira piece is considered one of the metal pieces that are distinguished by a high value, as it is made of copper, aluminum and zinc at the same time."
explained that" The 250-lira coin is used with the 500-lira piece in preparing traditional or handicraft products, and in preparing metal collars or bracelets for women ".
He added: "Who has such a quantity? coinsSell them and get their price in US dollars to turn into women’s jewelry and collars after they lost their monetary value in buying and selling operations within the market.".
Anwar, one of the accessories designers, told" Sky News Arabia": "Metal and coin ornaments are a popular fashion this summer and women want to keep them, hence the idea of creating designs that suit their tastes in their colors and round shapes, and suit various oriental designs and abayas.".
A merchant drew a market Jbeil archaeological site "Sky News Arabia": Until what some do not know is that the 500-lira piece consists of "nickel" And "steel" It weighs 6 grams, and the price of a kilo of it exceeds 20 US dollars, which is equivalent to 600,000 Lebanese pounds."
He continued: "Before the financial crisis that struck Lebanon in 2019, 250 Lebanese pounds was equal to 16 cents, but today, with the dollar reaching the threshold of 30 thousand pounds, it has becomepaper currency The 5,000-pound denomination is equal to 16 cents, after it was previously equal to $3.33."
He pointed out that "The price of a bracelet that includes a piece of 250 pounds is 180,000 pounds, or the equivalent of 6 dollars, and a bracelet that includes a piece of 500 pounds is worth 150,000 pounds, or the equivalent of 5 dollars."
He pointed out that" There are many parties that buy these coins in order to melt them and use the metals contained in them in other industries, especially copper and aluminum.
seal: "The purchase of these currencies is in dollars, and it changes successively with change metal prices globally."
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Before the crisis, the coin used to buy many small necessities for daily use, the value of which was equivalent to a third of a dollar, but today it has become a target for collecting by coin collectors.
However, after the crisis, the value of the 500 Lebanese pound metal rose, as the holder could sell it at a price higher than its price.in US dollars.
As for Lebanese market traders, the price of a kilo of metal for 500 Lebanese pounds has become more than 20 US dollars.
Banking risk expert Mohamed Fahili said in a comment to “Sky News Arabia”: Lebanon There are markets for the manufacture of nickel and copper, and there are some traders who want to buy them.”
Al-Fahili added: “It is sold out nickel Then it is melted and made, and in the current circumstances, it remains economically unsurprising to talk about it, and it is considered a natural thing.”
On the other hand, the 250 . piece started ll Copper turns into women’s jewelry and accessories, and they are sold at varying prices according to size and shape in the tourist market fairs this summer.
A copper merchant in the city Batroun Tourist in the north of the country to “Sky News Arabia”: The 250-pound piece is one of the metal pieces that are distinguished by a high value, as it is made of copper, aluminum and zinc at the same time.
He explained that “the 250-lira coin is being used with the 500-lira coin in preparing traditional or handicraft products, and in preparing metal collars or bracelets for women.”
He added, “Who has a quantity of that? coinsSell them and get their price in US dollars to turn into women’s jewelry and collars after they lost their monetary value in buying and selling operations in the market.”
Anwar, one of the designers of the accessories, told “Sky News Arabia”: “Metal ornaments made of coins are a popular fashion this summer and women want to keep them, hence the idea of creating designs that suit their tastes in their colors and round shapes, and suit various oriental designs and abayas.” .
A merchant drew a market Jbeil The archaeologist told Sky News Arabia: What some people do not know is that the 500-pound piece consists of “nickel” and “steel” and weighs up to 6 grams, and that the price of a kilo of them exceeds 20 US dollars, which is equivalent to 600,000 Lebanese pounds. .”
He continued, “Before the financial crisis that struck Lebanon in 2019, 250 Lebanese pounds was equal to 16 cents, but today, with the dollar reaching the threshold of 30 thousand pounds, it has become a dollar.paper currency The 5,000-pound denomination is equal to 16 cents, after it was previously equal to $3.33.
He pointed out that “the value of the bracelet, which includes a piece of 250 pounds, is 180,000 pounds, or the equivalent of 6 dollars, and the bracelet that includes a piece of 500 pounds, its price is 150,000 pounds, or the equivalent of 5 dollars.”
He pointed out that “there are many parties working to buy these coins in order to melt them and use the metals contained in them in other industries, especially copper and aluminum.”
He concluded: “The purchase of these currencies is in dollars, and it changes successively with change.” metal prices globally.”