Meanwhile it costs 2¢ to mint a penny and more than 7¢ to mint a 5¢ piece for a total loss of more than $100 million a year in seigniorage alone.
Meanwhile it costs 2¢ to mint a penny and more than 7¢ to mint a 5¢ piece for a total loss of more than $100 million a year in seigniorage alone.