The penny, which dates from the early days of the U.S. Mint after its establishment in 1792, costs roughly 3.7 cents to produce. Mark Weller, executive director of Americans for Common Cents, ...

The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one-cent coins.

After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end, and soon, the only ones available will be pennies currently in circulation.

How much does it cost to make a penny? A nickel? More than it is worth. The currency that is only worth 1 cent costs about 3.7 cents to produce in fiscal year 2024, according to the U.S. Mint's ...

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 ...

After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end, and soon, the only ones available will be pennies currently in circulation.

In 2013, I wrote a Forbes column that became one of my most-read and most-cited, “Don’t You Dare Eliminate the Penny.” In it I considered the views of elite opinionators who wanted the ...

The current penny features Abraham Lincoln on its “head” side. It was placed there in 1909, on his 100th birthday. Victor David Brenner, a Lithuanian sculptor and engraver who came to the U.S ...

The penny is about to drop in America - for the final time. President Donald Trump says the small coin is "so wasteful" and should be abolished. The US Mint has made its final order of penny ...

WASHINGTON (AP) — The Trump administration says making cents doesn't make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those ...

The Treasury Department said Thursday it’s planning to end production of the penny in an effort to phase out one of the country’s oldest currencies. The U.S. Mint has made its final order of ...