The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

At least one corner of the zinc lobby doesn't appreciate President Trump's penny pinching plan. Why it matters: The ...

With billions of pennies already present, the store owner said halting the coin’s production will not have a significant ...

“To aid in the war effort, the United States Mint switched to using zinc-coated steel planchets for Lincoln cent production that year, instead of the traditional bronze coin blanks. As fate ...

but also because they tend to be scarcer than coins minted with copper, nickel, zinc and other metals. The most valuable silver coins sell for millions of dollars, but even ones worth much less ...

Korea Zinc Co. is convening an extraordinary general ... FSS tightens rules for meme coin listings amid price volatility concerns Recently, the controversy over the listing of meme coins, such ...

While the coins were originally pure copper, they've been nearly 98% zinc since 1982, per JM Bullion. But zinc isn't as cheap as it once was. According to the US Mint's 2023 report, the penny's ...