President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...
Before the penny, for 64 years, Americans had the half-penny. But like the half-penny, the 1-cent coin has now outlived its usefulness.
Getting rid of the penny, which cost the government 3 cents each, could end up costing the Treasury Department money if it has to make more nickels, which cost nearly 14 cents each to make and ...
Trump's halt on "wasteful" penny production penny production could cause the value of the rarest one-cent coins to surge.
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