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Is the Nickel Nearing a Revamp?

Summary by Payments Dive
It costs 13 cents to produce the five-cent coin. Congress wants the U.S. to explore more cost-effective methods.

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Is the nickel nearing a revamp?

It costs 13 cents to produce the five-cent coin. Congress wants the U.S. to explore more cost-effective methods.

·Newton, United States
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Hospodárske NovinyHospodárske Noviny

The End of the American Nickel

The American nickel is turning into a small loss-making factory. A five-cent coin costs the mint 13.31 cents to distribute. The United States is making more than eight cents on each piece. The more coins they mint, the deeper the hole they dig in their budget. This is no longer minting money, but minting...

·Bratislava, Slovakia
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Payments Dive broke the news in Newton, United States on Thursday, August 27, 2026.
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