News

A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny ...
The decision to halt penny production didn’t come as a surprise to those in the coin-collecting world. “I really thought we’d ...
The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.
The U.S. Mint will stop making pennies once its final supply of blanks is gone, following a Trump administration directive ...
The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year ...
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
The penny will soon be a thing of the past. The U.S. Treasury will soon stop minting the coin in early 2026. The decision ...
President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after ...
President Trump ordered the end of penny production in February, calling it wasteful. The move is expected to save $56 million annually in material and minting costs. LOS ANGELES - The U.S. Mint ...