How much do pennies cost to make?

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asked Apr 18, 2019 in Other-Finance by mbenaMolica (240 points)
How much do pennies cost to make?

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answered Apr 18, 2019 by Adf289 (61,630 points)
Making one penny that is worth 1 cent to use costs 1.5 cents each to make.

So to make 1 cent or 1 penny the government spends more than a penny to make that penny available to you.

It doesn't really make financial sense to make pennies since it costs more than that to make them.

For all the pennies made per year it costs the government $46 million dollars to make those pennies.

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