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<p>[QUOTE=&quot;justafarmer, post: 8669670, member: 3926&quot;]&quot;The Federal Reserve orders more 1-cent coins from the U.S. Mint than any other denomination even as data shows that it costs 2.1 cents to make and distribute each one. The over 7.9 billion cents struck last year represents 54.6% of the combined production total for 2021.&quot;</p><p><br /></p><p>The $86.9 million dollar loss the Mint incurs on production of the cent every year is chomp change relative to the US Government&#039;s budget. And I am sure a large portion of that loss are allocated fixed/overhead expenditures which would be allocated/absorbed by the production of all other coinage. Which in turn would raise their per unit cost. </p><p><br /></p><p>The cent is an important monetary unit in facilitating smooth commerce in our country and think the debate over getting rid of such a nominal expense is rather silly.[/QUOTE]</p><p><br /></p>

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