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What Happens When Pennies and Nickels Become Too Expensive?

www.cheatsheet.com/fox-business/what-happens-when-pennies-and-nickels-become-too-expensive.html/?a=viewall

Feb 21, 2013 ... In a classic example of stepping over dollars to pick up pennies...

Obama wants cheaper pennies and nickels - Feb. 15, 2012

money.cnn.com/2012/02/15/news/economy/pennies_nickels/

Feb 15, 2012 ... It turns out it costs more to make pennies and nickels than the coins are ... Its more expensive metal mix means the raw materials in each are ...

Changing U.S. coins could save millions, but may cost businesses ...

money.cnn.com/2016/01/11/news/economy/u-s-coins/

Jan 11, 2016 ... The U.S. Mint spends more to make pennies and nickels than the ... just make the penny the NEW nickel and get rid of the current nickel? ... Now they feel like tin slugs and are worth about as much too. ..... Too expensive.

Easy to Lose and Expensive to Produce: Is the Penny Worth It? - WSJ

www.wsj.com/articles/easy-to-lose-and-expensive-to-produce-is-the-penny-worth-it-1411145870

Sep 19, 2014 ... Demand for coins works like this: Businesses deposit excess cash at banks, swapping out bills and coins as needed to get the right mix of ...

How to Make the Penny Worth 1 Cent Again - LiveScience

www.livescience.com/18528-penny-worth-1-cent.html

Feb 16, 2012 ... The penny currently costs 2.4 cents and the nickel, 11.2 cents, to produce. ... eliminating the penny altogether, and giving a long hard look at the nickel, too. ... ways of making pennies and nickels from less expensive materials, which ... If pennies and nickels literally become "loose change" — if they cont...

Can We All Just Agree That Pennies Are Stupid And Need To Be ...

www.huffingtonpost.com/2014/02/07/get-rid-of-the-penny_n_4719984.html

Feb 7, 2014 ... While the one-cent, once-copper coin doesn't have the purchasing ... 2008 that they were simply “too heavy and are not cost-effective to ship. ... At 75 percent copper and 25 percent nickel, they're expensive to make. ... pennies and nickels are relatively worthless and will likely only get more so with inflation...

Just How Much Does It Cost to Make a Penny? - Real Time ...

blogs.wsj.com/economics/2014/12/15/just-how-much-does-it-cost-to-make-a-penny/

Dec 15, 2014 ... The nickel, too, is dead weight for taxpayers. Production costs stood at 8 cents last year, down from 11 cents. The lower cost per coin is largely ...

When Coins are Worth More As Metal than Coins - Schneier on ...

www.schneier.com/blog/archives/2007/07/when_coins_are.html

Jul 9, 2007 ... Actually, the zinc in a penny is now worth almost a cent too. ... This happens sometimes, and society rarely if ever collapses. ... phone companies say the copper network is expensive to run and they want to get rid of it eventually anyway), ... Most of the coins being melted down are made from stainless steel.

The Penny Will Not Be Eliminated ... At Least Until 2015

www.huffingtonpost.com/2014/03/14/eliminate-the-penny_n_4965908.html

Mar 14, 2014 ... The penny cost 1.8 cents to mint; the nickel cost 9.4 cents. ... isn't entirely convinced that the coins will be as expensive to make in the future. ... The nickel, likewise, has become cheaper to produce, going from 11.1 cents to 10 cents to 9.4 cents. ... But Congress still has a say in what happens to the penny.

US Mint Coin Production in July Tops 1.6 Billion | Coin News

www.coinnews.net/2015/08/19/us-mint-coin-production-in-july-tops-1-6-billion/

Aug 19, 2015 ... US Mint production of circulating quality coins advanced by more than 1.6 .... Even lowly copper has become too expensive for low-denomination coinage. ... The only reason imelting doesn't happen with zinc cents is that the ...

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U.S. Mint Says Pennies and Nickels, Already Too Expensive, Won't ...

philadelphia.cbslocal.com

U.S. Mint Says Pennies and Nickels, Already Too Expensive, Won't Get Cheaper. December 26, 2012 5:02 AM By Pat Loeb. Filed Under: KYW Newsradio 1060, ...

Pennies And Nickels: More Expensive To Mint Than To Use | Mises ...

mises.org

Jan 20, 2016 ... It's not breaking news, but the cost of producing pennies and nickels is still ... This has been an issue for the past decade, with no progress being made. ... laws, the temptation to debase that money is too great to withstand.

The U.S. Mint's Production Materials Problem: Nickels Cost 11 Cents ...

www.core77.com

Mar 13, 2013 ... Let's make pennies and nickels smaller, so that they use less materials and cost less. ... grows even the resources to create paper bills will become more expensive. ... What happens if all the money goes digital? ... is... and maybe changing our mind set about money in a way that changes our societies too?