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Japan to Issue Hokkaido Commemorative Coin by G-8 Summit
Japan will issue a new colorized Hokkaido commemorative silver coin featuring Japanese red-crowned cranes, a symbol of Hokkaido, flying above Hokkaido's Lake Toya.
Japan's Finance Minister, Fukushiro Nukaga, made the announcement Tuesday in a press conference after a cabinet meeting. Mr. Nukaga said a 1,000-yen Hokkaido commemorative coin would be issued this July in time for the Group of Eight summit, which will be held in Hokkaido.
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Current and 2007 Costs to Mint Pennies and Nickels
One of the pleasant side affects of the Coin Modernization and Taxpayer Savings Act of 2008, which would change the metallic composition of pennies and nickels to steel, is the revelation of current and past costs in minting coins.
Figures of coin production expenses are interesting in themselves, but charting their trends is another reminder of the volatility of metals within coins, like that of copper, zinc and nickel.
The cost of minting each penny and nickel today are:
- Penny at 1.26 cents
- Nickel at 7.7 cents
As a side note, the U.S. Mint also provided recent costs to mint the dime, which is 4 cents, the quarter at 10 cents and $1 coins at 16 cents each.
New Mexico First Day Coin Covers on Sale
$2 Dallas Notes for Collectors on Sale at BEP
