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US Bill to Change Nickel Composition

A new US bill would let Treasury test a cheaper metal mix for the nickel, which costs nearly 13 cents to make.

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unusual_whales @unusual_whales 5.4M followers

After the penny, Congress is coming for the nickel. A new bill would let the Treasury test a cheaper metal mix for the 5-cent coin. The reason: it costs nearly 13 cents to make one. That's more than 2.5x what it's worth. The U.S. Mint stopped making pennies last November for the same reason.
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