11/21/2025
With the end of the penny, is the clock ticking for the nickel?
The last pennies were pressed at the U.S. Mint in Philadelphia on Nov. 12, a victim of production costs higher than their worth, coupled with limited usefulness. While the penny remains legal tender, banks and merchants are already reporting shortages.
But the factors that prompted the government to stop making pennies are even truer for the nickel, CNN reports. Pennies cost nearly 5 cents to make — 4 cents more than they’re worth. The nickel’s net loss is nearly 9 cents per coin.
