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The majority of modern vending devices do decline pennies, further lessening their utility, and the production cost (figured in U.S. Dollars) now goes beyond the face value of the coin, caused by increasing inflation. In 2001 and 2006, for example, United States Representative Jim Kolbe (R) of Arizona presented costs which would have stopped production of cents (in 2001, the Legal Tender Modernization Act, and in 2006, the Currency Overhaul for an Industrious Country [COIN] Act).

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pennies and U.S. nickels for profit, the U.S. Mint, which is a part of the US Department of the Treasury, executed brand-new guidelines on December 14, 2006, which criminalize the melting of cents and nickels and place limitations on export of the coins. Lawbreakers can be penalized with a fine of up to $10,000 USD and/or sent to prison for a maximum of five years.

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The Secretary of the Treasury has authority to change the portion of copper and zinc in the one-cent coin if required due to cost fluctuations. For several years, the Mint's production and shipping expenses for cents have gone beyond the stated value of the coin (the Mint's repaired costs and overhead, however, are taken in by other distributing coins).

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Treasury loses 10s of countless dollars every year producing cents. For example, the loss in 2013 was $55 million. Expense to manufacture and disperse a cent, in cents  2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Expense (cents)1. 79 2. 41 2. 00 1. 70 1. 67 1. 50 1. 82 2.

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06 1. 99 When copper reached a record high in February 2011, the melt value of a 95 %copper cent was more than 3 times its face value. As of  This Article Is More In-Depth , 2014, a pre-1982 cent consisted of 2. 203 cents' worth of copper and zinc, making it an attractive target for melting by people wanting to sell the metals for revenue.