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