So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of unsuccessful efforts to phase out the 1-cent coin.
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).
As Trump aims to ax the penny, these are the coins that cost more than they're worth
When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs more than it’s worth.
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. "For far too long the United States has minted pennies which literally cost us more than 2 cents.
The cost of money: President Trump denounces the penny for being wasteful. How much does it cost to print dollars and make coins?
The President took to social media to say he thinks we should stop minting new pennies, calling the 1-cent coin 'wasteful'. The President cited the cost of making a penny and that it doesn't make financial sense.
Trump says the penny costs too much, orders Treasury to stop making them
The United States has moved into new and uncharted territory after President Donald Trump ordered the U.S. Mint to stop striking the lowly penny. Trump was attending the Super Bowl on Sunday night when he took to his Truth Social media platform to declare that the days of the 1-cent copper-colored coin had come to an end.
Coin World7d
Adding Carter coins to Presidential dollar series needs act of congress
Congress would need to authorize a manganese-brass clad Presidential dollar for deceased President Jimmy Carter and the ...
Can the president really kill off the penny – and should he?
The U.S. government loses less than $10 million a month minting pennies. In theory, Congress could pass legislation eliminating the penny and requiring rounding within a month or two. The cost to the ...
A penny for their thoughts: Americans say ‘time to move on’ from the coin
President Trump ordered the Treasury department to stop production of pennies. Here's how Americans are responding to the ...
The Saratogian1d
THOMAS: Ditch the Penny and all coins
President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make ...
WFMY News24d
President challenges penny production, calling it a costly tradition. How much it costs to print dollars and make coins.
GREENSBORO, N.C. — The President took to social media to say he thinks we should stop minting new pennies, calling the 1-cent coin 'wasteful ... The least expensive dollar bills to make ...
McCook Gazette7d
Delightful dollar discoveries - part 1
McCOOK, Neb. - There are an unbelievable number of reasons to search dollar coins, but there are also complications. These coins are fun to look through, but they come in two sizes. Because of the ...
USA Today4d
Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?
No more pennies from heaven? Whether you're pinching pennies or penny smart and pound foolish, the U.S. is considering a penny drop. President Donald Trump wants the U.S. to stop making the coins.
WBAL4d
President Trump orders US to ditch 1-cent coin after decades of complaints
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 ...