His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to ...
The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.
The next time you decide to put all your spare change into the nearest Coinstar machine, take a moment to sift through it.
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
It was Theodore Roosevelt — a lifelong admirer of Abraham Lincoln — who ordered the U.S. Mint to introduce copper pennies ...
Coin collectors draw big headlines when they sell their rare coins for thousands or even millions of dollars, but the vast ...
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 ...
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 ...
"For far too long the United States has minted pennies, which literally cost us more than 2 cents," Trump wrote in a post to ...
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.
Nour Ismail, a cashier at the All-Star Deli & Grocery in Manhattan, says the handful of pennies tossed into the bodega's tip jar by the end of the day is mostly a nuisance, rather than a welcome ...
Trump is so determined to restore sanity to federal finances that he is leaving no stone unturned when it comes to looking ...