The average cost to make one penny rose to 3.69 cents in the last fiscal year, marking the 19th consecutive year the coin has “remained above face value,” per the latest U.S. Mint report.

In its 2024 annual report, the U.S. Mint said that producing each penny cost 3.69 cents last year. Notably, the cost of minting nickels also exceeded the coin’s face value, at 13.78 cents each.

In its 2024 annual report, the U.S. Mint said that producing each penny cost 3.69 cents last year. Notably, the cost of minting nickels also exceeded the coin’s face value, at 13.78 cents each.

D.C. wouldn't give exact estimates, but if each of the eligible 3,060 police officers worked a single hour of overtime, that alone would cost $225,000.