So-called "wheat pennies" get their name from the back of the coin having stalks of wheat encircling the "One Cent" text.

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.

While President Donald Trump thinks the US Treasury should do away with pennies, you might not want to throw all yours away ...

But many Americans regard both nickels and pennies as more nuisance than currency. The typical household is sitting on $60 to ...

After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

Depending on the year, mint and condition, a Lincoln Wheat penny can be valued from several hundred to millions of dollars.

Pennies will still be legal tender, but cash prices will soon be rounded up or down to the nearest nickel (which cost even ...

If you feel like inflation is affecting everything these days, consider one more: Soon you may need to offer a nickel for ...

The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...

The American penny has been in circulation since 1792. It will be discontinued because it is too expensive to make.

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The U.S. Treasury has ordered its last batch of “blanks” that it uses to form pennies, a department spokesman confirmed.This article originally appeared here and was republished with permission.