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

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’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 in-circulation specimens ...

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

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

Most of us handle change without a second thought. They’re more nuisance than necessity, but every so often, an ordinary-looking coin turns out to be worth a staggering sum. A number of rare U.S.

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

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 ...

Credit: AP/Evan Vucci 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.” ...