how much does it cost to make a dime

1 hour ago 2
Nature

The cost to produce a U.S. dime is approximately 5.76 cents as of 2024. This means it costs the U.S. Mint about 5.76 cents to manufacture and distribute one dime, which has a face value of 10 cents, resulting in a profit margin of about 4.24 cents per dime

. This cost includes raw materials-primarily copper (91.67%) and nickel (8.33%)-as well as the expenses related to the minting process, labor, machinery, and distribution

. The production cost of the dime has increased by about 8.7% compared to previous years due to rising metal prices and operational costs

. In summary:

  • Face value of dime: 10 cents
  • Production cost: ~5.76 cents (2024 data)
  • Profit per dime for U.S. Mint: ~4.24 cents

This makes the dime one of the more cost-effective U.S. coins to produce, unlike pennies and nickels which cost more than their face value to make