President Donald Trump has expedited the cessation of penny production, citing the escalating costs associated with their manufacture.

Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you'll have good luck,” of people who think an unexpected penny sighting could be a sign from a loved one who's passed on.

Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth hundreds; here's how to find out.

The U.S. Mint is set to stop producing pennies, marking the end of an era. With production costs soaring and the utility of the penny dwindling, this decision aims to save millions annually. As the penny fades into history,

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

President Donald Trump wants to make the penny extinct and we're now one step closer on making that happen. The U.S. Mint said Thursday it's made its final order of the materials used to make pennies.

The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each, or quadruple its value.

The department says it has placed its final order for penny blanks, and production will end when they run out, which will likely be early 2026, according to The Wall Street Journal, which first reported on the decision.