The cost of making money

Last night 60 minutes had a piece on the growing concern that it now costs approximately 2 cents to make a penny and over 6 cents to make a nickel. The rising costs stem from the increase in the price of the commodity (zinc and copper) used in the production of the coins.

The piece also addresses the additional time costs of using pennies in transactions and the possible inflation if the US were to abolish the penny.

The clip is about 10 minutes long.

Should We Make Cents?
http://www.cbsnews.com/sections/i_video/main500251.shtml?id=3814132n
CBS News Online