The cost of minting a US penny is 1.8 cents, nearly twice its face value

In 2013, the cost of making pennies and nickels exceeded their face value for the eighth year in a row.

The cost of minting a penny stood at 1.8 cents, nearly twice its face value. Nickels cost twice as much as dimes – 9.4 cents vs. 4.6 cents – despite being worth only half as much.

The U.S. Treasury spends nearly two dollars for every dollar of nickels and pennies it pumps into the economy.

In contrast, the same amount of quarters and dimes costs the government less than 50 cents. A dollar bill is even cheaper, coming in at less than a quarter.

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