When is the penny going away, and why? The Treasury Department’s pledge to stop minting new pennies by early 2026 comes after President Donald Trump directed Secretary Scott Bessent in a ...

The same report suggested, however, that reducing penny production could save the Mint up to $100 million annually. A bipartisan bill to halt penny production was recently introduced by Senators ...

1943 Copper Penny: Almost all 1943 pennies were made of zinc-coated steel, but a few copper versions were mistakenly minted. These pennies are scarce and can be worth up to $85,000. 1955 Doubled ...

Just because the U.S. is halting penny production doesn’t mean your jar of copper coins is worthless. Pennies will remain legal tender, so you’ve got several options for putting them to good use: ...

Penny Lancaster swiped 'karma gets you' about the new BBC documentary on lingerie tycoon Michelle Mone. Thursday's instalment of ITV 's Loose Women saw panellists Kaye Adams, Nadia Sawalha, Penny ...

After nearly two centuries, the U.S. government is ending the production of the penny. The U.S. penny discontinuation means that, in time, these coins that you grew up with will no longer be in ...

Grab your coin purse: The U.S. may be on the verge of ditching its penny. The U.S. Treasury is reportedly gearing up to stop putting new one-cent coins into circulation by early next year, The ...

An Ode to the Penny, Departing After 233 Years of Service The one-cent coin has been around nearly as long as America, but it will soon start to fade from circulation Share Resize ...

The administration estimates eliminating the penny will save the federal government as much as $56 million a year. But the administration is hardly the first to recommend making the nickel the ...

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.

Advocates for ditching the penny cite its high production cost — almost 4 cents per penny now, according to the U.S. Mint — and limited utility. Fans of the penny cite its usefulness in ...

The government made its last order of penny blanks earlier this month, a spokesperson for the Treasury Department confirmed to Business Insider. The US Mint will keep manufacturing the $0.01 coins ...