Cease production of the penny, let collectors gobble up what’s left of the 1 cent coin, and there will still be one eternally ...
New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...
The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.
His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to ...
President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ... to meet the needs of the United States.” If Treasury Secretary ...