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Cost to make a dollar coin?

Updated: 9/14/2023
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14y ago

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The cost varies a bit depending on the market for its component metals - mostly copper, but with manganese, zinc, and nickel to give it that golden color. In the last couple of years the price has averaged about 14 to 16 cents per coin.

That price is one reason cited in favor of replacing $1 bills entirely. An individual bill costs less to print (around 6 or 7 cents) but $1 bills wear out so quickly compared to coins - < 2 years for a bill vs. 30+ years for a coin - that the life-cycle cost of a bill is far higher.

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14y ago
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Q: Cost to make a dollar coin?
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