![]() Five-cent coins are minted in 25% nickel with the balance copper. Lincoln cents have a composition of 2.5% copper with the balance zinc. ![]() "Compared to last year, FY 2020 average spot prices for nickel increased 5.6 percent to $13,666.51 per tonne, whereas average copper prices decreased 3.6 percent to $5,856.52 per tonne, and average zinc prices decreased 15.4 percent to $2,206.15 per tonne," the U.S. Lower prices for copper and zinc helped in keeping costs down, although nickel prices did increase. In FY 2020, the toll to make, administer and distribute the 1-cent coin retreated to 1.76 cents from 1.99 cents while the cost for the 5-cent coin eased to 7.42 cents from 7.62 cents. Notably, however, the unit cost for both cents and nickels was above their face values for a fifteenth year in a row. coins for circulation decreased last year, excluding the dime which remained unchanged, the United States Mint disclosed in its 2020 Annual Report.
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