The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.

Other countries which have gotten rid of 1- or 2-cent pieces -- like Australia and New Zealand ... According to a 2024 US Mint report, the 5-cent coin also costs more to produce than its ...

Canada halted penny production in 2012 and Australia hasn't had 1-cent coins ... when it lost $92.6 million on the 5-cent coin. The price of nickel fell 27.1% last year, which could account ...