Business

March 12, 2014 12:00 AM

Essay: U.S. Mint has high costs for small change

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 versus 4.6 cents — despite being worth only half as much.

Related content

Comments

Videos

More Videos

Goodfellas Pizzeria coming to Pepper 00:26

Goodfellas Pizzeria coming to Pepper

Brown-Forman introduces new bourbon Coopers' Craft 01:36

Brown-Forman introduces new bourbon Coopers' Craft

Joe B. Hall, '78 Wildcats sign Maker's Mark Bottles 01:01

Joe B. Hall, '78 Wildcats sign Maker's Mark Bottles

Take a peek inside Proof Fitness on Main Street 00:58

Take a peek inside Proof Fitness on Main Street

Share Video

Editor's Choice Videos