With the penny gone, DOGE should also consider eliminating nickels

According to JM Bullion, the U.S. Mint lost $179 million in producing pennies in 2023. Producing nickels, however, leads to even more losses.

According to GovMint, the cost to produce and distribute a penny was 3.69 cents. The cost for a nickel, however, was 13.78 cents. While the U.S. Mint has recently reduced production figures to cut costs, it still makes hundreds of millions of nickels each year.

It is not practical to produce a coin that costs the mint more than double its value. If this is true for the penny, it should also be the case for the nickel.

Removing pennies and nickels from circulation would mean that cash transactions would need to be rounded to the nearest five or 10 cents. With

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