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Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...
That’s also more than half of the 25 cent coin’s buying power today. The quarter’s unit cost has increased by 26.2% since the Mint’s 2023 report, when its price tag was closer to 12 cents.
Nickels are produced at even more of a loss. In 2024, they cost 13.8 cents to make, according to the U.S. Mint report. Dimes, quarters and half-dollars still cost less than face value to produce ...
Never before in US history have coins been less valuable. In 1857, officials did away with the half-cent coin, which was worth the equivalent of about $0.14 in today's money.
Fun fact: It wouldn’t be the first time the U.S. has eliminated its least valuable coin. The half-cent coin was discontinued by Congress in 1857.
In the 1990s, Australia and New Zealand stopped 1- and 2-cent penny production. Then in 2006, New Zealand stopped producing its 5-cent coin as well, per Nasdaq.
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