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 ...

Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...

Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

Donald Trump and early investors have earned millions from $TRUMP coin while 813,294 wallets have registered $2 billion in ...

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

Donald Trump has declared on his Truth Social platform on Sunday that he wants to cease production of the U.S. penny, writing ...

New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...