The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.
The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.
Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
Numismatic Auctions LLC’s Auction Sale #69 will take place online in a live/timed format from February 17 through February 20 ...
President Trump said Sunday that he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to ...
Talk to end the penny’s production has been bandied about for decades among government officials and economists.
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...