answersLogoWhite

0

Because the price of copper has increased over the last 25 years. A 1-cent coin would contain about 2 cents worth of metal.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What are you S Pennies made of?

Pennies today are made of 97.5% zinc and 2.5% copper.


What can be made out of copper?

pennies


What is US pennies made of?

US pennies are made of a copper-plated zinc composition. They are composed of 97.5% zinc and 2.5% copper.


When did pennies stop being all copper?

1860 The last copper pennies were made in England, and the same year the first bronze pennies were made.


What penny's were made out of?

Pennies were made of copper


Does a penny have gold?

No, pennies do not contain gold. Modern pennies are mostly zinc with a little copper, older pennies are mostly copper with a little zinc.


What are 2004 pennies made of?

Pennies produced in 2004 were made from copper-plated zinc. Pennies with 95% copper metal have not been produced since 1982.


How much copper are pennies currently made of?

All most none only .008% Copper & .992% Zinc


Is a penny an magnet?

No. Pennies were made of copper (Now US pennies are made of copper plated zinc) Magnets are made of iron or other ferro-magnetic metals.


What is the penny made of TODAY?

US "pennies" (cents) are made of 97.5% zinc plated with 2.5% copper Canadian and European cents as well as British pennies are made of copper-plated steel.


Does pennies have iron in it?

No. A penny is made out of copper-plated zinc.


Are all pennies made of the same metal?

Well depending if your talking about all the different country's pennies, then Im not sure. But I do know that the pennies made in Canada and the states are. The main metal in these pennies are copper, and copper is worth more then what the penny is worth, so sometime in the near future they will atop making pennies.