As Trump aims to ax the penny, these are the coins that cost more than they're worth
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a nickel.
Trump's plan to scrap the penny spikes interest for coin collectors
Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint reported. Congress sets currency specifications, so it's unclear whether Mr. Trump has the power to eliminate the penny, but the president might be able to stop the Treasury from minting them.
Trump's order to scrap the penny doesn't make 'cents': Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin,
Trump Orders Halt on 'Wasteful' Pennies After DOGE Highlighted Cost
Each penny cost nearly $0.037 to make in 2024, an increase from $0.031 the previous year, according to the U.S. Mint.
It takes nearly 4 cents to make a single penny. Here's why Trump wants them gone.
Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.
Does Trump’s penny plan make cents? How ditching the hated coin would affect consumers
President Donald Trump promised to penny pinch the federal budget if re-elected. Turns out he meant that literally.
Trump's order to discontinue the penny doesn't add up: Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
Goodbye to this classic US coin: This the reason why Donald Trump wants to stop minting new pennies
Donald Trump isn’t the first to dream about getting rid of lowest denomination US coin, nor is the US the only country to see ...
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2025 sales begin for Native American dollar
The rolls, bags and boxes of 2025 Native American dollar coins from the United States Mint are priced 5% higher than those ...
Can the president really kill off the penny – and should he?
In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...
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Coin And Bullion Sales Tax Exemption Updates
As more states embrace sales tax exemptions for coins and bullion, legislative efforts continue to shape the marketplace.
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 ...
Exploring the penny question
With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention.
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United States looks to bring stablecoin operators home
CoinGecko data shows that stablecoins are worth $227 billion, and 97% of those tokens track the value of the United States dollar. Tether’s USDT alone is responsible for 60% of that market value ...