The president isn't the first person to call for an end to the penny, and this issue is deeper than wasteful spending.

News spoke with Edward Perry, the owner of Perry’s Coin Currency & Ammunition located at the Milton Flea Market.

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

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...

On Sunday, President Donald Trump announced on social media platform Truth Social he has directed the Treasury Department to stop producing new pennies, saying. “For far too long the United States has ...

The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the coins. That followed an assertion by Elon Musk of the Department of ...

So the copper industry can shrug off Trump’s move, which economists have long called a no-brainer because each penny costs more to make than it’s worth – 3.69 cents as of last year – and most end up ...

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