Getting rid of the penny introduces a new problem: nickels
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one ...
Donald Trump’s penny proposal would eliminate 1 in 2 coins minted in the U.S.—but nickels are the real villains
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
Making cents of it all: Here's how much a penny costs you
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.
Trump’s plan to eliminate the penny follows sharp drop in U.S. coin demand at Philadelphia mint
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
It costs nearly four cents to make one penny. The nickel costs even more
President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny ...
Why could getting rid of pennies cost the U.S. more money?
The idea of doing away with our smallest denomination is not new. The call to cut the penny has been growing louder in recent years, thanks in large part to one simple fact. it costs more to produce a ...
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Eliminating the penny would likely increase demand for nickels: Wolfe
Eliminating the penny could lead to higher demand for nickels, a shift that might negate any financial savings from halting ...
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Buffalo Nickels Could Be Worth Thousands — How To Spot One
Buffalo nickels are not only nostalgic coins but also potentially worth much more than five cents to rare coin collectors. Designed by Sculptor James Earle Fraser in 1911, they were in circulation ...