12 cents to make a 5 cent piece and the mint that the mint makes

[WavyTwenty]

Another interesting article on the ABC website.

The government sure makes a lot of money making money

[Basilstate]

Another interesting article on the ABC website.

The government sure makes a lot of money making money

Yes,interesting,not sure if the 5c coin will ever see Charles thou.

[gweidion]

Well if they weren't before everyone will now be hanging on to their 5, 10, 20 and 50 cent pieces for the nickel value. Like the good old silver 50 cent piece scrap dealers may be paying more than face value for the nickel in the future. Although that article isn't saying how much is the metal value and how much of the cost is the minting process. Just a few years back it was reported that it cost 6 cents to make 5 cents. Now it has doubled.
I don't believe we are "losing" 100 million dollars worth of coins a year down the back of chairs or in the dump. Clearly it is just people hoarding them.