The Nickel Costs 14 Cents to Make and Washington Has Known for Years

The penny was killed; now the Nickel?

Trump killed the penny because the government was hemorrhaging money pressing a coin worth less than the metal it was made from.

Now economists are pointing at the nickel — and the numbers are actually worse. What they just found out about the nickel's production costs should make every American demand Trump finish what he started – auditing Fort Knox.

The penny cost 3.69 cents to make in 2024. The nickel costs 13.78 cents. That's nearly nine cents lost on every single nickel the Mint stamps out — and Washington pressed 113 million of them last year while you weren't looking.

When production ran over a billion coins a year, as it did in 2022 and 2023, taxpayers absorbed losses of $78 million and $92 million respectively just to keep the nickel alive.

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