News

The U.S. Treasury Department announced that it will begin winding down production of the penny, ending more than 230 years of ...
Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...
The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...
The U.S. Treasury will stop minting pennies next year after 233 years. Retailers can still accept them, but will have to ...
The U.S. Mint on Thursday said it has ordered the last batch of pennies after President Donald Trump ordered the elimination ...
“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump ...
President Donald Trump says the small coin is "so wasteful" and should be abolished, with an estimated saving of $56m (£41m) ...
The U.S. is halting penny production by early 2026 due to high costs, with bipartisan support. The transition means prices ...
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
With the cost of producing a single penny already skyrocketing to about 4 cents, Trump in February ordered Treasury Secretary Scott Bessent, who oversees the mint, to stop making new copper coins ...
The agency announced the move just months after Trump criticized production of the coin in February as being ... is comprised of 97.5% zinc and 2.5% copper and requires a smelting process to ...