The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.
A 2024 report from the U.S. Mint said it costs about 3.69 cents to make a penny. It said the cost to make pennies and nickels have been more than face value for the past 19 years. According to the ...
Meanwhile, a single penny last year cost the mint $0.037 to make ... VA Secretary Doug Collins to temporarily head 2 watchdog offices Feb. 10 (UPI) -- President Donald Trump on Monday named ...