New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...

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 ...

President Donald Trump speaks as Treasury Secretary Scott Bessent, left, and Commerce Secretary nominee Howard Lutnick, right ...

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 ...

US President Donald Trump has ordered the Treasury Department to stop minting new pennies. The billionaire ordered to cease ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

Economists have called for the elimination of the penny for decades, but Trump’s authority to unilaterally do so is far from ...

Trump has directed the Treasury Department to stop minting new pennies due to rising production costs. This decision is part ...

Representative Mark Amodei has helped to introduce a bill that would change how coins are minted in an effort to make it more ...

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).

The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...