Total unit cost includes administrative and distribution costs. The production costs of coins can be confusing. A nickel is worth half as much as a dime but costs twice as much to mint.

With an estimated 240 billion pennies in circulation, it’ll be a long time before we stop seeing them in the wild.

In short, Indonesia’s nationalistic approach is likely to be a costly failure. In contrast to nickel processing, where its ...

Nickels are made of 75% copper and 25% nickel, while pennies, despite their reputation of being a copper coin are copper-plated zinc, meaning they are only 2.5% copper and 97.5% zinc. While all ...

Or what about to any other coin or paper bill ... we would have to get rid of the penny, the nickel and the dime! Molly: No, not the nickel and dime! Megan: Honestly, I think the nickel in ...

It also lost $17.7 million in nickels, although that’s a large improvement from 2023, when it lost $92.6 million on the 5-cent coin. The price of nickel fell 27.1% last year, which could account ...