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.

The U.S. Treasury has ordered its last batch of “blanks” that it uses to form pennies, a department spokesman confirmed.

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The Treasury Department will begin phasing out the penny early next year, ending a run for a mainstay piece of American ...

Specifically, the Treasury Department estimates that producing the Abraham Lincoln-fronted coin now costs 3.69 cents apiece, up 20% in 2024 alone. The U.S. Mint anticipates that halting production ...

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).

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The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.

The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.

The one-cent coins are expected to stop entering circulation early next year. Businesses will need to round prices up or down ...

Thomas Jefferson’s personally owned and signed copy of Cicero’s Ciceronis Oratione (“Orations”), in a six-volume set, acquired at auction directly from his personal library in 1829. Estimate: $150,000 ...