Kevin O’Leary backs Trump on eliminating the US penny — calls it ‘stupid’ unless you’re ‘putting them in your loafers.’ ...

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

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make ...

His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to ...

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

When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

Cease production of the penny, let collectors gobble up what’s left of the 1 cent coin, and there will still be one eternally ...

The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.

Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...

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 ...

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! Trump ...