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Will pennies become more valuable if US stops manufacturing them?
Before the penny, for 64 years, Americans had the half-penny. But like the half-penny, the 1-cent coin has now outlived its usefulness.
Farewell to the penny? President Trump calls for Treasury Department to halt minting of the coin
President Donald Trump announced Sunday that he is telling the Treasury Department to stop minting pennies. What would ...
The big picture: What happens if the U.S. stops minting the penny
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.
Trump says the penny costs too much, orders Treasury to stop making them
U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...
Billions of pennies produced at Denver Mint face uncertain future
One of President Donald Trump’s latest directives could have a major impact on the Mint in Downtown Denver and the pennies ...
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.
Penny for your thoughts? Trump orders US Mint to stop making 1-cent coin. What to know
The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.
How much do pennies cost to make? Here's what to know as Trump calls for pause on production
President Donald Trump wants to end minting the penny, calling it a waste of money. So how much does it cost to make? The U.S. Mint says 3.69 cents.