Citing a nationwide shortage of pennies, some stores have started rounding purchases up — or down — to the nearest nickel. Other stores, including military shops, acknowledge that at some point ...
With the cost of producing the nickel over thirteen cents and the cost of a penny costing over three cents, wouldn't it make more sense to get rid of the nickel? The government would save more money ...
Once a proud coin of the realm, the penny has become a pest. It gets no respect. And the penny is not even worth one cent anymore. It costs the government nearly four cents to mint one penny. No ...
The American penny is history. The nickel might be next.The last pennies were pressed at the U.S. Mint in Philadelphia on Wednesday, a victim of production costs higher than their worth coupled with ...
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