News

The era of the penny is nearing its end: starting early next year, the Treasury Department announced that it will end the ...
The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...
After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.
The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each ...
The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's ...
The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...
As the U.S. Mint prepares to produce the final pennies put into circulation early next year, the future of the copper-colored coin has sparked conversation among collectors and shop owners. Months ...
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
But older pennies are worth their weight in copper. Pennies made before 1982 are worth about 3 cents a piece. Although you ...
President Donald Trump has also pushed the Treasury Department to stop minting new pennies. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so ...
With headlines buzzing about the potential retirement of the penny, this year's Lucky Penny Day takes on a different tone.