But one penny has been hard to come by: the 2025 penny. “Everybody found out that the production is stopped, so everybody ran into the banks and started buying them,” Raines said.

The U.S. Treasury will soon cease penny production, a change sparked by the disparity between the coin’s production cost and monetary value. While pennies can still be used as currency, the halt has ...

Farewell to the Penny: US Treasury Ends Production of One Cent Coin. After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

Here’s what the one-cent coin worth up to $30,000 looks like. The ‘1982-D Lincoln Penny’ is one of the rare coins that could be worth thousands of dollars.

The penny was one of the first coins made by the U.S. Mint after its establishment in 1792. Originally Published: May 22, 2025 at 3:09 PM EDT. Share this: ...

The $20 gold coin was the highest denomination of coins in the U.S. They were minted from 1850 to 1933. Some are extremely rare and one sold at auction in 2021 for more than $18 million.

The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023. The Mint produced over 4.5 billion pennies in FY2023, around 40% of the 11.4 billion coins for circulation ...

The Mint, which has made the coin since 1793, lost $85.3mn last year on producing the penny after unit costs rose by 20.2 per cent owing to the price of copper and zinc rising. Some content could ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in ...

In 2024, the cost of making the penny increased 20%, according to a report from the U.S. Mint. The one-cent coin currently costs the government 3.69 cents to make. Halting penny production is ...