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Thus, a trip to a coin-exchange kiosk (or a bank, or credit union) can yield a pleasant surprise. “People underestimate the value of their jar by about half,” McColly said. “It’s a ...

Although you can sell them to a coin shop, you can’t melt them down. Since pennies are still legal tender, it’s a felony to melt them for profit. “If they do away with the penny, or the cent ...

President Donald Trump ordered the halt in production, citing the coin's inefficiency. It costs nearly 3 cents to produce each penny—well above its face value. The government also loses nearly 9 ...

Thus, a trip to a coin-exchange kiosk (or a bank, or credit union) can yield a pleasant surprise. “People underestimate the value of their ... a future for the penny, the nickel, and their ...

According to the U.S. Mint, the cost of minting a single nickel is nearly 14 cents, almost three times the coin's face value and more than three-and-a-half times the cost of minting a penny.