Most pennies today have little value, but those from the early American colonies can sell for thousands of dollars. In 2010, ...

Trump has ordered the Treasury to stop minting pennies because their production cost exceeds their value. (Intriguingly, it's the same for nickels.) ...

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 ...

The coins are a type of "wheat penny," named for the back of the coin having stalks of wheat encircling the "One Cent" text, rather than the Lincoln Memorial. They include "VDB," for designer Victor ...

In fiscal year 2024, it took 3.7 cents to produce and distribute one penny, according to the 2024 U.S. Mint report. The 2024 cost was up by 20% from the previous year, according to the report.

In fiscal year 2024, it took 3.7 cents to produce and distribute one penny, according to the 2024 U.S. Mint report. The 2024 cost was up by 20% from the previous year, according to the report.

In its 2024 annual report, the U.S. Mint said that producing each penny cost 3.69 cents last year. Notably, the cost of minting nickels also exceeded the coin’s face value, at 13.78 cents each.

Australia ended production of its 1 and 2 cent coins in 1992, and Canada followed suit by phasing out its penny in 2012. New Zealand eliminated its 1 and 2 cent coins in 1990 and later ...

Coinstar converts $3 billion in coins into spendable cash every year, one coin jar at a time. The average jar yields $58 in buying power. Most of us don’t realize how much our coins are worth.

Unless, the price is less than five cents, than 1, 2, 3, and 4 all become 5. And any price ending in 3, 4, 8 or 9 gets rounded up to 5 or 10. A $35.68 becomes $35.70 and $72.03 becomes $72.05, for ...

The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's early days, according to reports. The US Treasury made its final order ...