[volemo]

Penny is worth less than the metal it’s made out of.

coinnews.net/2022/01/18/penny-costs-2-1-cents-to-make-in-2021-nickel-costs-8-52-cents-us-mint-realizes-381-2m-in-seigniorage/

[nullhole]

"How was copper wire invented?"

"Two Scotsmen fighting over a penny."

[ThrowawayTestr]

That joke is a little different in every telling of it I've heard.

[nullhole]

No true Scotsman, I guess.

[noqc]

manufacturing costs are not just input costs. In fact, the ideal coinage the values ordered:

cost to manufacture > fiat value of coin > cost of materials