The time of the penny is coming to a close. The U.S. Treasury Department placed its last order of blanks, flat metal discs ...

Get ready to say goodbye to the humble penny! Starting in early 2026, the familiar one-cent coin is slated to be phased out, ...

But producing pennies still saw some hurdles, such as the rising cost of copper, the material solely used to make the one-cent coins. More than 50 years later, the Coinage Act of 1857 was passed, ...

Find out about the latest happenings in the world of entertainment, and also learn from experts about: relationships, ...

Dump those coin jars out on the table and see what you've got, as production of the penny is ending in the U.S. and you may have some of value.

High coin production costs have prompted several other countries to phase out their lowest-denomination coins. Australia ended production of its 1 and 2 cent coins in 1992, and Canada followed ...

The Trump administration has announced plans to discontinue minting new pennies, citing the cost of producing the 1- cent coins in relation to their value and importance in the U.S. currency system.

The U.S. Treasury will soon cease penny production, a change sparked by the disparity between the coin’s production cost and ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at ...

The pennies sitting in your jar, piggy bank or on the counter can add up. However, those pennies will eventually be a thing ...

It costs 3.69 cents to make a penny, whose value is just one cent, according to the U.S. Mint’s fiscal 2024 report. Last year alone, the penny’s production resulted in a loss of $85 million ...