The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...

Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.

The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.

The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...

The American penny has been in circulation since 1792. It will be discontinued because it is too expensive to make.

Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...

The federal agency placed its final order for penny blanks this month, with the United States Mint slated to end manufacturing of the penny when that runs out, a Treasury official told CBS ...

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing ...