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Join Date: Aug 2001
Location: midwest
Posts: 40,539
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https://www.washingtonexaminer.com/policy/economy/3428690/penny-going-away-2026-know-one-cent-coins/
How much does it cost to make a penny?
It costs 3.69 cents to make a penny, whose value is just one cent, according to the U.S. Mint’s fiscal 2024 report. Last year alone, the penny’s production resulted in a loss of $85 million for the Mint.
It’s not just the penny that costs more to mint than it’s worth. A nickel, despite holding a value of five cents, costs a whopping 13.78 cents to make, the Mint report said.
On the other hand, the Mint found, a quarter costs 14.68 cents to make — less than its 25-cent value — and a half-dollar coin costs just 34 cents to produce.
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Meanwhile other things are still happening.
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01-24-2026, 07:32 AM
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