After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end.

Each nickel costs nearly 14 cents ($0.1378) to make and distribute. That price tag is nearly triple the five-cent coin’s buying power ... 3.2 cents each 2. $5 bills: 5.3 cents each 3.

Phyllis Resnick, Colorado Futures Center's lead economist, told Newsweek that the loss of the penny will become the "most burdensome on low-income households," pointing to their purchases of ...

Check Out: 9 Antique Items You Could Sell for Thousands of Dollars For You: 5 Things You Must ... went for $4.2 million. This coin is sometimes called the Walton Nickel, and experts believe ...

The Department of the Treasury is exploring ways to reduce the cost of producing nickels, which cost a pretty penny, ahead of the possible elimination of the iconic Lincoln-faced 1-cent coin.

President Donald Trump has ordered the Treasury to stop minting pennies because their production cost exceeds their value.