The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...

Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.

The decision to halt penny production didn’t come as a surprise to those in the coin-collecting world. “I really thought we’d ...

President Trump orders halt to penny production as minting costs exceed face value. The move could save taxpayers millions ...

The penny, long the most neglected coin in our change jars and couch cushions, is about to clock out for good. The U.S. Department of the Treasury recently confirmed it ...

"The United States Mint will continue to manufacture pennies while an inventory of penny blanks exists," the spokesperson ...

After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

President Trump ordered the halt of penny production due to cost concerns. Discontinuing the penny could negatively impact ...

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 ...

After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall ...

Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more. Many of those expenses have been on the rise — and the penny isn’t the only ...

Minting pennies just doesn't make much cents anymore. President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after Elon Musk's ...