How Much Does It Cost To Mint A Us Penny As Of September 2012

May 18, 2016· Their conclusion was the true cost of making a penny adds up to much more than 1.43 cents, or what the Mint reports it cost to produce a one-cent coin last …

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U.S. Penny/Cent Cost. how much does it cost to make a penny? Current and updated cost to make the penny/US one-cent information. Current Penny Cost. Currently, in 2017, to make 1 cent, it costs 1.50 cents as of the last available US Mint annual report provided for year ending 2016. This is a significant cost to the U.S. government, and as a ...

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U.S. pennies now cost considerably more than one cent each to manufacture. Over the years we’ve received numerous inquiries about how much it costs to mint a U.S. penny, usually phrased as “I ...

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The shield on the reverse (tails) represents Lincoln’s preservation of the United States as a single country. The penny was one of the first coins made by the U.S. Mint after its establishment in 1792. The design on the first penny was of a woman with flowing hair symbolizing liberty.

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The United States one-cent coin (symbol: ¢), often called the penny, is a unit of currency equaling one one-hundredth of a United States dollar.It has been the lowest-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance).

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2012 D Lincoln Shield Cent: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Buy & Sell This Coin. This page also shows coins listed for sale so you can buy and sell.

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Jan 20, 2014· The cost for the United States Mint to manufacture and distribute the cent and nickel fell for the second consecutive year. Nonetheless, costs remained well above the respective face values of the two smallest circulating denominations. For the fiscal year ending September 30, 2013, the unit cost ...

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Cost to Make the Penny: Chart/Graph . It’s official. The 2011 annual report from the United States Mint has been released. When discussing cost to mint a coin, …

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