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The Common Cents Act would preempt those restrictions and restore common sense at the register.
Producing a single five-cent coin cost taxpayers 13.31 cents in fiscal year 2025—down only slightly from 13.78 cents the year before.
That marks two full decades of the government losing money on every nickel it strikes. The coin is roughly 75 percent copper, and soaring metal prices have driven the losses, just as they once did for the penny.
Zinc traded nearly $7,000 per metric ton cheaper than copper last year, according to Mint data.
Only the penny and the dollar coin currently use zinc in significant amounts.
A separate proposal to eliminate the nickel remains stuck in a House committee, so the five-cent piece will continue circulating for now.
If the president signs the measure into law, Americans can expect fewer pointless government losses on coin production and smoother cash payments in stores.
The unanimous Senate vote signals that even in a polarized Congress, lawmakers can still agree on basic fiscal responsibility.
Cutting waste on coins that cost more to make than they are worth is the kind of straightforward reform that benefits every taxpayer, small-business owner, and cash-paying customer.