The Repository on MSN4d
No more pennies? Alliance coin shop owner says it should have been done years agoJerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.
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).
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 ...
President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...
The U.S. Mint is now selling the 2025 Native American $1 coin, which features Hawaiian scholar and composer Mary Kawena Pukui.
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...
Some traders made tens of millions off a new cryptocurrency launched by President ... minutes after the soon-to-be president of the United States posted on his social media account that his ...
Fed Governor Christopher Waller supports stablecoins to extend US dollar dominance globally, urging clear regulations to mitigate risks.
President Donald Trump has ordered the production of U.S pennies to stop as of Sunday night. Now, Governor Jared Polis, ...
"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.
The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...
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