Is Eliminating The Penny Equitable? Its Cost Taxpayers $250,000,000 Over The Past Two Years.
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
Here’s a look at the history of the penny and why it could be going away
When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...
As Trump aims to ax the penny, these are the coins that cost more than they're worth
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...
It costs nearly four cents to make one penny. The nickel costs even more
President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they ...
Making cents of it all: Here's how much a penny costs you
The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.
Trump orders Treasury to stop minting pennies: How much does it cost to mint a penny?
Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.
Why Small Businesses May Absorb the Costs of Ending the Penny More Than Others
How would businesses be affected by Trump’s order to stop making cents? President Trump has ordered the U.S. Treasury to stop ...
How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...
Trump's order to scrap the penny doesn't make 'cents': Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
Does Trump really have the power to get rid of the penny – and should he?
Since Congress has failed to eliminate the penny in the past, Trump is trying to do so via a direct order to the Treasury ...
Getting rid of the penny introduces a new problem: nickels
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).