Source: Seeking Alpha News Agency
1 month ago•
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The High Cost Of Small Change

The High Cost Of Small Change

Rising prices for industrial metals, like copper (HG1:COM), zinc (LMZSDS03:COM), and nickel (LN1:COM), have made the cost of producing some modern-day coinage unsustainable. The U.S. Mint already killed the penny last year due to the economics, with labor inflation and other overhead only adding to the costs.
Source: Seeking Alpha
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