New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...

President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime. Advocates for ditching the penny cite ...

Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” It’s not the first time politicians have mulled the reform of the one-cent coin. “Anytime we’re ...

President Donald Trump said he ordered the production of new pennies to halt because it costs almost four cents to produce ...

According to the U.S. Mint, the cost of producing a single penny has more than doubled in recent years, from 1.76 cents in 2020 to 3.69 cents in 2024. Printing a paper $1 bill is cheaper than ...

President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny ...