If one day Federal Reserve decides that one-cent coins have no monetary value, would it be better for you to exchange your coins at the bank for cash, or would the coins have higher value if melted and sold as scrap metal?
How much does it cost to mint a penny coin?
1.67 cents
Reply:Well it fluctuates with the price of material I think right now it actually costs 1.4 cents which is actually more than its worth.
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