373.2 grams per pound,around 61.18 pieces per pound
62 pieces or piso= 4 dollars per Lb. in copper. 140 pesos in total the least.
62 pieces in nickel 11 dollars per lb more expensive than copper 440 pesos.
By 1000 pieces /62pcs/Lb is 16.1290 Lb.*4 for copper is 64 dollars*40 2580 Piso for copper only.
By 1000 pieces /62pcs/Lb is 16.1290 Lb.*11 for nickel is 177 dollars*40 7097 Piso for nickel.
Just melting in junkshop they will going to make it in profit and it will not be redeemed by the BSP so it is lost as a additional fund if old peso is demonetized not even to look for new variety if any exist it is all gone,the bank teller,or cashier should pull it out to circulation of the numismatic society make a info drive or pull them it by themselves in the Philippine search or study them for variety or sell them on ebay if they like or stock it in thier coin shop.
The metal value increase that the old cuni one peso is worth around 3 piso.
6.1g 373.2/6.1=61.1803279 pcs by 4 dollars/lb 4*40 is 160 4*43=172.
160piso/61.1803279 2.61 metal value of piso for old cuni piso lowest from 1995-2004 10 coins is around 26 peso if series as souvenir they can make a plastic package just like other dealer made their own maybe 2004 is the hardest 2 dollars for a series 1995-2004 maybe just a comment.http://www.campaignforliberty.com/blog.php?view=41174
If the Philippine didnt withdraw the one piso cuni coin its worth 2.58 peso already no need for other adjustment,it means that a cuni piso increase its value intrinsically.
What happen to the salary then on that time when cuni piso is already high,does it mean that a minimum wage earner increase on product he can purchase??in a way increase his wages even it is around 300-400??
In debasement of steel piso does it mean that a minimum wage earner decrease its wages not knowing it even it is still 400 piso,that the prices are all going up and debasement of piso and Philippine currency even it is 400,we know because we felt it everyday.
4dollars for a Lb of copper*40 exchange rate 160/62 pcs to be made in one Lb of copper, additional or multiply it by 2 or 5 to have its purchasing power not only to its metal content only but also as a maximum valueof a cuni piso coin, the lowest is its metal content,it can be up to 5 to 10 piso it does not mean that the exact value of metal content is same value that you can buy product there is a iota to the metal content to the cost in making one coin and the government can add a little more as a buffer for inflation or other reason.
Meaning the value of piso in metal content decrease same of its purchasing power,inflation of raw material and product through debasement,or debasement through inflation of metal prices.
They can keep it as it is and adjust the value of piso.