Pennies cost more to make than they’re worth. So why is it so difficult to stop making them? On the latest episode of ...

It’s unclear exactly how high demand would be for nickels in a penny-less world, but it’s likely that it would be higher than ...

O'Leary Ventures Chairman Kevin O'Leary gives his two cents on Trump's announcement that the U.S. will cease production on ...

Compared to 2023, the penny’s unit cost increased by 20.2%, now costing 3.69 cents to produce. The nickel’s unit cost ...

The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin. Nickels cost about 13.8 cents to make in 2024, despite them being valued at ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The argument rests on blaming the penny’s most common neighbor in the coin jar: the nickel. While the penny and the nickel each cost about three times more than their worth to make, the ...

Notably, the quarter cost 26% more to make than it did in 2023 and the penny 20% more. Experts say getting rid of the penny, however, could burden the US Treasury Department with producing more ...