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The Independent UK
The Independent UK
National
Wyatte Grantham-Philips

The penny costs nearly 4 cents to make. Here's how much the US spends on minting its other coins

Death of the Penny - (AP2007)

The impending “death” of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value.

Months after President Donald Trump called on his administration to cease penny production, the U.S. Mint announced this week that it had made its final order of penny blanks — and plans to stop making new 1 cent coins after those run out.

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