Posted by
Miguel Diocuore Ph.D. on Friday, May 09, 2008 12:03:17 PM
Back to the war on inflation
Congress to pinch pennies It also would require nickels, now made of copper and nickel and costing 7.7 cents to make, to be made primarily of steel, which would drop the cost to make the five-cent coin below its face value. Advocates say that such actions would push back against surging metal prices and save taxpayers about $1 billion over a decade.