Right now it costs nearly four cents to make one penny. The U.S. Mint said it lost over $85 million last year on the billions of pennies produced. As conversations continue on the production of the ...

Coin collecting is a hobby that has been around for years. Chances are that you may have a relative or know someone who's an ...

Canada did away with its one-cent coin more than a decade ago. It could offer insight into what the U.S. may be on the verge ...

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

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.