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The cost of producing US coinage, want to guess?
The mint has come out with the fiscal year of 2010 figures, for the cost of producing the cent, nickel,dime and dollar. It is brought out to 4 decimal places such as .0000. Closes to actual figures gets 10 points.
3 Answers
- curtisports2Lv 71 decade agoFavorite Answer
Cost of production:
Cent 1.8 cents
Nickel 9.25 cents
Dime 5.7 cents
Quarter 12.75 cents
Dollar 32 cents
- InternacionalLv 51 decade ago
Hello
The numismatics of the United States since 1999 is quite strange and for millions of collectors around the world is currently very difficult to have all different varieties of coins that the Mint makes
In these last years the US Mint has made a giant variety of Quarters that began in 1999 with the image of the 50 states and ended in 2008 "5 coin each year" , the year 2009 became the Quarters of the 6 dependent territories of the United States government
In 2010 the Mint began minting the new series of quarters of national parks called "America the beautiful Quarters and are 5 coins each year, a series of great beauty
In 2009, the US Mint issued four different one-cent coins in recognition of the bicentennial of President Abraham Lincoln's birth and the 100th anniversary of the first issuance of the Lincoln cent , the manufacture of coins of 1 cent is a boon for the mining of zinc and i hope that the coins of 1 cent never disappear , the year 2010 was only one coin that fortunately I have in my collection
In these last years have not produced many differents coins of 5 cents and is easier to have the complete set
Dimes is very easy to have , is the same with Half Dollar
But having the new coins of 1 Dollar is not easy for me, I live in Chile and I only got the coin of Sacagawea and 2 different presidents
I don't know the exact cost of manufacturing coins in the United States, but the site of the US Mint that can give detailed information
The Worldcoingallery page is excellent and gives me all the information i need to know about the coins from all around the world
http://www.worldcoingallery.com/countries/usa.php
For me the best way to be well informed of the numismatics of the United States is with the numismatic clubs that provide excellent information, all states have clubs very well organized
http://directory.google.com/Top/Recreation/Collect...
http://www.coinlink.com/Directory/coin-clubs/
http://www.coinsheetlinks.com/clubs.htm
http://www.centralstates.info/clubs.html
http://www.dmoz.org/Recreation/Collecting/Coins/Or...
http://www.yourhobby.com/coins/
http://www.spink.com/resources/links.asp
I hope that all my information is very important
A warm greeting from Chile
- wg0zLv 71 decade ago
dunno, exceot that the cost of producing a penny is more than a cent.
penny production is just a subsidy for zinc-mining companies.