Construction Costs- (Continued from Page 24) Chart B illustrates the range of actual golf course con-struction costs (rounded to the nearest $100,000) for an upscale project, along with the median and the mean. The chart demonstrates a wide range in costs from a low of $3,900,000 to a high of $16,100,000.olf course construction includes grading and site preparation costs, and grow-in (also known as maturation). As an example, assume that the total project costs are $14 million, based on typical ratios, approx- 25% to 30% Buildings & Equip.
Production at a loss â As of 2013, it costs about 1.8 cents to mint a penny. In 2007, the price of the raw materials from which it was made exceeded the face value, so there was a risk that coins were illegally melted down for raw materials.
Adjusted for inflation, an 1870 penny would be worth about 31 cents today. The first coins of the Dominion of Canada were issued in 1870, although the penny was not added until 1876. The penny had been in use in what is now Canada since 1858, when the province of Canada adopted the decimal system. From 1858 to 1907, Canadian coins were struck at mints in England.