THE PRESIDENT CITED THE RISING COST OF PRODUCING THE ONE-CENT COIN. THE U-S MINT SAYS IT LOST MORE THAN 85-MILLION DOLLARS LAST YEAR ON NEARLY 3 BILLION PENNIES. EACH PENNY COST A LITTLE LESS THAN ...

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 ...