It cost the Mint 8.52 cents to produce a nickel in the governments latest fiscal year ended in September. That is when nickel averaged about $17500 a metric ton. Pennies also cost more to create about 2 cents than their face value while other U.S. coins had less metal value than their face value.
Penny Costs 1.76 Cents to Make in 2020 | CoinNews
23/02/2021 — Penny Costs 1.99 Cents to Make in 2019 Nickel Costs 7.62 Cents; US Mint Realizes $318.3M in Seigniorage · Penny Costs 2.06 Cents to Make in ...
Penny Costs 2.1 Cents to Make in 2021 | CoinNews
18/01/2022 — Last year the U.S. Mint spent 2.1 cents to make and distribute each Lincoln cent. The Mints cost for each Jefferson nickel was 8.52 cents. The ...
It costs 2¢ to make a penny and 7¢ to make a nickel but CENTS Act could ...
08/07/2019 — It currently costs 2.06 cents to make each penny and 7.53 cents to make each nickel. In other words American taxpayers lose money every time ...
How Much does It Cost to Make a Penny? - United States
04/07/2022 — A nickel costs 11.14 cents to make. As of 2011 it costs 2.41¢ US (or $0.0241 US Dollars (USD)) to ...
It Costs Seven Cents to Make a Nickel So the U.S. Mint Had a ...
26/06/2018 — A five-cent nickel that costs as much as seven cents to make is a problem but so is a coin that suddenly looks and feels different because ...
How much does it cost to produce currency and coin? - The Fed
06/05/2022 — How much does it cost to produce currency and coin? ; $1 and $2 7.5 cents per note ; $5 12.7 cents per note ; $10 12.4 cents per note ; $20 13.8 ...
It cost 1.7 cents to make a penny this year and 8 cents to make a nickel
15/12/2014 — But it continues to lose money on pennies and nickels. It now costs $1.62 to make a dollars worth of nickels and $1.66 to make a dollars ...
US nickels cost seven cents to make. Scientists may have a solution
29/06/2018 — US nickels cost seven cents to make. Scientists may have a solution ... A dummy nickel designed by NIST. Its made of a metal alloy that could ...
Guess How Much It Costs the Government to Produce a Nickel
13/02/2012 — This contributes to volatile and negative margins on both the penny and nickel recently the penny has cost approximately 2.4 cents and the ...