Cost of Making US Currency and of What They are Made
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The U.S. mint does, in fact, make a profit as most coinage and paper money cost far less than their face values. A few other coins, such as the penny, represent a loss. After restricting my search to the last three months and relying only on government or well-regarded financial sites I compiled the following information. The prices and compositions are for general circulation coins & bills and not collector kits, some of which are made of solid silver.
Penny Cost:: 2.41 cents. Composition:Since 1982 penny's have been made of 97.5% Zinc and 2.5% Copper. Nickel Cost: 11.18 cents. Composition: 25% Nickle and 75% Copper. Dime Cost: 5.65 cents. Composition: 8.33% Nickle and 91.67% Copper ![]() Quarter Cost: 11.14 cents Composition: 8.33% Nickle and 91.67% Copper ![]() Dollar Cost: 18.03 cents Composition: 88.5% Copper, 6% Zinc, 3.5% Manganese, 2% Nickle ![]() Paper Currency Cost: 9.6 cents regardless of the denomination Composition: 25% Cotton and 75% Linen with some silk threads Values can change daily, weekly, monthly by wild amount but these are pretty close. |
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