Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...
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The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...
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The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
But each nickel costs 13.8 cents ... of being a copper coin are copper-plated zinc, meaning they are only 2.5% copper and 97.5% zinc. While all metal prices can be volatile, zinc prices are ...
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The penny debate has arisen before, and skeptics have worried that businesses would tend to “round up” their prices to the closest nickel if ... Since 1982, copper-plated pennies have been ...