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.
Although most pennies are worth just one cent, a rare 1943 copper version of the Lincoln Wheat Penny still circulates, and many people may not even realize its immense value. The coin's obverse ...
During World War II, pennies were made of steel to save copper ... for the most money paid for a penny at an auction, going for $862,000. The Strawberry Leaf cent is extremely rare, bearing ...
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...
During World War II, pennies were made of steel to save copper ... is the most desired. You can tell it is authentic from the square, sharp-edged rims and the details. This rare coin from 1909 ...
During World War II, pennies were made of steel to save copper for the war effort ... penny broke records for the most money paid for a penny at an auction, going for $862,000. The Strawberry Leaf ...