With the U.S. Mint losing millions annually on penny production and cash transactions declining, the decision to eliminate the one-cent coin raises questions about economic impact, job losses, and ...

The U.S. Mint, which is the Treasury’s in-house coin producer, projects an annual savings of $56 million in reduced material costs. The penny, though worth only a cent, costs nearly 4 cents to make.

The 1913 Liberty Head Nickel weighs approximately 5.00 grams, is 21.20 millimeters in diameter, and is composed of 75% Copper and 25% Nickel. The coin has a plain edge. To ensure that you have an ...