The CoinNews Saturday eNewsletter and the short post Sunday morning included information about the Sunday night 60 Minutes news segment titled, Should We Make Cents?
Morley Safer reports on how the penny and nickel are worth less than the U.S. government cost to manufacture them - the penny almost two cents and the nickel almost a dime.
The largest portion of the segment, as the 60 Minutes title suggests, revolves around the various points of view on whether the government should stop making Lincoln pennies.
Why is the manufacturing cost of the 1-cent penny and 5-cent nickel up so much? United States Mint Director Ed Moy summed it up:
Read the rest of this numismatic news article »
Coin News | News Today | Collector Tools | Coins | Silver Coin Values
Copyright © 2007-2021 CoinNews Media Group LLC. No portion of this site may be reproduced or copied without written permission. P.O. Box 691701 San Antonio, TX 78269. Any use outside the given permissions constitutes copyright violation. All data and information provided on this site is for informational purposes only. CoinNews makes no representations as to accuracy, completeness, correctness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.