Tuesday, January 26, 2021
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CBS 60 Minutes News Video: Should We Make Cents? Part Two – Watch It Online

Rhonda Kay - 4

CBS 60 Minutes News Video: Should We Make Cents?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:

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Coin & Numismatic News

Copper is the New Gold, Rich in Value and Sought After by Thieves

CoinNews.net - 1
Copper used to be the problem step-child of metals. It was either not thought about or considered in a negative context, like ...
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Coin & Numismatic News

Penny Harvest Field Opens: It’s Built By Children and All for Charity

CoinNews.net - 1
Every year New York City children from participating schools collect pennies from family, friends and neighbors. These pennies don't make their way into ...
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Coin & Numismatic News

Eliminate the U.S. Penny?

CoinNews.net - 2
Take the new two-click poll on the CoinNews website asking that very question (found in the upper right). Surprisingly, at...
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Coin & Numismatic News

Nothing New for Penny and Nickel

CoinNews.net - 0
The debate heated up on whether the metal composition of coins should be controlled by the U.S. Treasury and whether the ban of melting...
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Coin & Numismatic News

Pennies and Nickels Not Worth the Metal They’re Printed On

CoinNews.net - 6
During just the first half of this year, nearly 5.4 billion pennies and almost 880 million nickels were minted. That’s a lot of...
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