In 2024, each penny cost 4 cents to mint and distribute ... has been producing fewer pennies and nickels in recent years to minimize losses. About 3.2 billion pennies were manufactured in the ...

The nickel, on the other hand ... Previously, we used denominations like the half penny, a two-cent coin, a three-cent coin, a twenty-cent coin, and even gold coins worth $2.50, $5, $10, and ...

A nickel may be worth 5 cents but costs nearly 14 cents to make. With the penny possibly being eliminated, the Treasury wants a new, cheaper nickel.