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

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 ...

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

President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of America’s smallest coin.

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

In nearly all cases, however, the most valuable coins are the rarest. Some rare coins have reached a certain level of fame because of their backstories. An example is the 1943 copper Lincoln penny ...

Pennies are the most popular coin made by the U.S. Mint ... it began recycling them for their “valuable” copper and zinc, according to a 2022 report from the Canadian Mint.