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 ...

President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the ...

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 ...

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 ...

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 ...

"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 ...

So the copper industry can shrug off Trump’s move, which economists have long called a no-brainer because each penny costs ...