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 ...
President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of ...
The combination of "copper" and "penny" might not seem like the best formula for valuable coins considering that you can find ...
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...