Is the nickel nearing a revamp?
It costs 13 cents to produce the five-cent coin. Congress wants the U.S. to explore more cost-effective methods.
It costs 13 cents to produce the five-cent coin. Congress wants the U.S. to explore more cost-effective methods.
BELLINGS Intelligence Score: 5
Why it matters
The potential revamp of the nickel due to production costs is a routine government consideration with limited direct impact on credit markets or financial professionals.
Sources
Payments Dive
Is the nickel nearing a revamp?
It costs 13 cents to produce the five-cent coin. Congress wants the U.S. to explore more cost-effective methods.