Yep! George W. doesn't seem to think so but, get a load of this:
"It now costs more than a penny to make a penny, which is made of zinc and copper. And the cost of a nickel is more than 7 and a-half cents.
Surging prices for copper, zinc and nickel have Congress trying to bring back the steel-made pennies of World War II, and maybe using steel for nickels, as well.
The House is moving toward a vote on a measure that would direct the secretary of the Treasury to suggest a new, more economical composition of the nickel and the penny.
The Treasury Department opposes the bill as "too prescriptive."
It's to something alright!