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Comparison of Current and 2007 Costs for Producing Pennies and Nickels

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Comparison of Current and 2007 Costs for Producing Pennies and Nickels
Topic: Miscellaneous 11:48 pm EST, Jan 18, 2009

From the very beginning it is worth mentioning that the Coin Modernization and Taxpayer Savings Act of 2008 is a document that would change the combination of metals in pennies and nickels to steel. The main advantage of the Act is the saving of costs for producing the coins. It's quite interesting to observe the figures that illustrate the expenses of coin production. After analyzing the latest trends it's obvious that today metals used in coin production show instability. This includes such metals as: copper, zinc and nickel.

Comparison of Current and 2007 Costs for Producing Pennies and Nickels



 
 
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