February 21, 2012

How to Make the Penny Worth 1 Cent Again

Natalie Wolchover, Life's Little Mysteries


AP Photo

Inflation and the rising price of metals have combined to put the United States in the rather silly position of minting pennies and nickels that cost more than their face values to make. Minting one penny currently costs 2.4 cents, and one nickel, 11.2 cents.

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TAGGED: nickel, penny, metal, currency

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