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The five gram five cent piece now mostly consists of copper and costs 10.4 cents to produce, according to the US Mint’s 2022 Biennial Report to Congress, released last week.
Nickels may not seem like much, but before you try to get rid of them, better check they aren’t some of the few in circulation worth a small fortune.
"The one and two cent coins went [because of inflation in the early 1990s] and the sun came up the next day, but there's no current consideration to scrap the five cent coin," he added.