How Much Does It Cost To Make An American Penny?

[brahmburgers]

I don't know the exact numbers, but for the U.S. Treasury,

it costs more than a penny to make a penny,

....and it costs more than a nickle to make a nickle.

[MrSnrang]

In my math book it said the cost to make a penny was70% of its worth...

[Somtham]

I don't know the exact numbers, but for the U.S. Treasury,

it costs more than a penny to make a penny,

....and it costs more than a nickle to make a nickle.

From USAToday May 2006

"The Mint estimates it will cost 1.23 cents per penny and 5.73 cents per nickel this fiscal year, which ends Sept. 30. The cost of producing a penny has risen 27% in the last year, while nickel manufacturing costs have risen 19%."

rgds

[kojac_phx]

I don't know the exact numbers, but for the U.S. Treasury,

it costs more than a penny to make a penny,

....and it costs more than a nickle to make a nickle.

From USAToday May 2006

"The Mint estimates it will cost 1.23 cents per penny and 5.73 cents per nickel this fiscal year, which ends Sept. 30. The cost of producing a penny has risen 27% in the last year, while nickel manufacturing costs have risen 19%."

rgds

... and a law was promptly passed to make it illegal to melt coins for intrinsic value....

http://www.boingboing.net/2006/12/13/melti...ins_is_now.html