It was Theodore Roosevelt — a lifelong admirer of Abraham Lincoln — who ordered the U.S. Mint to introduce copper pennies ...

When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

In an unprecedented move in the realm of American finance, President Donald Trump announced on Sunday the cessation of new one-cent coin production.

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

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

As the first coin in wide circulation to feature a U.S. president, the wheat penny has become an icon of American coinage. With its etching of Abraham Lincoln ... so the U.S. Mint decided to ...

Today, some Lincoln ... coin. It is so rare that it has twice sold at auction for more than $100,000. The penny was struck at the Denver Mint in 2001 and features the usual portrait of Abraham ...