Construction Costs- (Continued from Page 24) Chart B illustrates the range of actual golf course con-struction costs (rounded to the nearest $100,000) for an upscale project, along with the median and the mean. The chart demonstrates a wide range in costs from a low of $3,900,000 to a high of $16,100,000.olf course construction includes grading and site preparation costs, and grow-in (also known as maturation). As an example, assume that the total project costs are $14 million, based on typical ratios, approx- 25% to 30% Buildings & Equip.
Production at a loss â As of 2013, it costs about 1.8 cents to mint a penny. In 2007, the price of the raw materials from which it was made exceeded the face value, so there was a risk that coins were illegally melted down for raw materials.
First U.S. penny sold for $1.2 million. The first U.S. penny sold for nearly $1.2 million Thursday night at an auction in Baltimore. The first U.S. penny is 223 years old, and is also worth a lot more than one cent. It sold for nearly $1.2 million Thursday night at an auction in Baltimore. The coin, known as the Birch Cent, was made in 1792, months after the one-cent denomination was first authorized by Congress, according to the auction house Stack's Bowers Galleries. It was made in a trial run for the penny, and depicts Lady Liberty.