How much does a penny cost

How much does a penny cost?

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WASHINGTON — Further evidence that times are tough: It now costs more than a penny to make a penny. And the cost of a nickel is more than 7½ cents. Surging prices for copper, zinc and nickel have some in Congress trying to bring back the s…

What is a penny?

http://answers.ask.com/Science/Chemistry/what_is_a_penny

A penny is a unit of money. It is the smallest unit of money in the United States of America. A penny is also known as one cent. It takes 100 pennies to equal a dollar. The only thing you can buy with a penny is someone’s thoughts.

Do you remember the old penny candy stores? What was your favorit…?

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I sure do my favorite was the little tootsie rolls I think when I was a kid they were like 3 for a penny. I also remember when the little gumballs were a penny also

Related Questions Answered on Y!Answers

How much does a penny cost to make today?

Q: I read a news article a few years ago saying that it costs about 20% more than a penny’s worth to make a penny. Still, inflation and cost of production change over time, so how much does it cost to make a penny in 2009?

A: When United States Mint Director Ed Moy testified on March 11, 2008, before the Subcommittee on Domestic and International Monetary Policy, Trade and Technology, he provided the following Fiscal 2007 costs in minting the penny and nickel: * Penny at 1.67 cents * Nickel at 9.53 cents

How much does the materials for a dollar, penny, nickel, dime, and quarter cost?

Q: So, if I were to buy the materials they use for a penny, how much would it cost?Same thing with a dollar, dime, nickel, and quarter, how much do their materials cost?

A: A penny, which consists of 97.5 percent zinc and 2.5 percent copper, cost 1.26 cents to make as of Tuesday. And a nickel — 75 percent copper and the rest nickel — cost 7.7 cents, based on current commodity prices, according to the Mint.

How much does a silver penny cost?

Q: I would like to know how much one silver penny would sell for

A: What you have is a 1943 steel cent. During World War II, copper was needed to make shell casings for bullets. In order to conserve copper for the war effort, the government minted pennies in steel-coated zinc. They only did it for one year because the public complained about the new pennies- they were easily confused with dimes in change. They are relatively common so only ones that are in excellent condition are worth much; most are worth no more than 15 to 25 cents.