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The penny costs nearly 4 cents to make. Here’s how much the US spends on minting its other coins
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. A lone ...
US is ending penny production: How will you be impacted?
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).
Is the Treasury phasing out the penny? What it means for you and Philadelphia US Mint
The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.
Newsday12d
The penny costs nearly 4 cents to make. Here's how much the US spends on minting its other coins
NEW YORK — The impending “death” of the U.S. penny has spotlighted the coin's ... down from nearly 1.42 billion sent out the year prior. Each dime costs nearly 6 cents ($0.0576) to make ...
See a penny, pick it up? In the future, probably not as often — and, some say, that matters
Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you'll have good luck,” of people who think an unexpected penny sighting could be a sign ...
Los Angeles Times10d
Letters to the Editor: Killing the penny is the right move, but it doesn’t go far enough
Keep the penny, but name it the nickel, as pennies cost 4 cents to manufacture. Make the nickel the dime and make it smaller, since the nickel costs 14 cents to manufacture. Change the dime into ...
The Republic13d
See a penny, pick it up? In the future, probably not as often — and, some say, that matters
And if they spend money unwisely, are they now dime-wise but pound-foolish? OK, maybe those are some minor, small-stakes, dare we say penny-ante concerns in the wake of the U.S. Treasury ...
The Times-Reporter6d
Time for change: Pennies will soon be going away. Here's what you should do with yours
Change is coming, but it won't be in the form of a penny anymore. After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end ...
Hindustan Times11d
US to halt penny production: Will it remain legal tender?
The US Treasury may soon halt the production of the US penny at their national mints, according to a recent announcement. The lowest value coin of the United States would eventually be phased out ...
Indiatimes12d
Donald Trump pushes US penny out: Production to end after 230 years
The US Mint is ceasing penny production due to rising costs, a move expected to save the government $56 million annually. President Trump initiated the directive, highlighting the coin's ...
WXII 12 NEWS7d
A penny for your thoughts: Wake Forest University professor weighs in on the end of the penny
THE U.S. GOVERNMENT IS PHASING THE PENNY OUT BY STOPPING PRODUCTION. WHILE THE $0.01 COIN WILL STILL CIRCULATE, IT WILL NO LONGER BE MANUFACTURED. IN TURN, BUSINESSES WILL LIKELY NEED TO ROUND ...
The Courier-Journal3d
Pennies will be going away soon. Here's why and what to do with yours
It will soon be time to say goodbye — at least in part — to the penny. The U.S. Treasury Department announced it will phase out production of the 1-cent coin beginning in early 2026 to comply ...