In Fiscal Year 2009, the US Mint estimated the cent cost $0.0162 to produce while the nickel ran $0.0603 a piece. ![]() At the heart of the matter is the makeup of American circulating coinage - its composition.įor sometime, Lincoln penny and Jefferson nickel production costs have been higher than their corresponding 1c and 5c face values. In fact, this topic proved to be a bit more contentious than the eagles as it invoked a miniature power struggle between the executive branch of the United States and Congress. ![]() ![]() ![]() Coins and Currency" by the House Subcommittee on Domestic Monetary Policy and Technology yielded another interesting sub-topic aside from the increased chance for 2010 Silver Eagle proofs previously mentioned on CoinNews.
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