Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...

The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.

President Donald Trump’s surprise order comes after decades of unsuccessful efforts to pitch the penny. Here’s a look at some ...

You can get in touch with Hugh by emailing [email protected] Donald Trump's decision to halt the minting of new one-cent coins may drive up the value of rare ... United States has minted ...

Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.

Before the penny, for 64 years, Americans had the half-penny. But like the half-penny, the 1-cent coin has now outlived its usefulness.

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

So Long, Penny! Trump Orders US to Ditch 1-Cent Coin After Decades of Complaints ... it began recycling them for their “valuable” copper and zinc, according to a 2022 report from the Canadian ...

U.S. code gives the Treasury Secretary the authority to mint and issue coins “in amounts the secretary decides are necessary to meet the needs of the United States.” If Treasury Secretary ...