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The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...
The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next ...
The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing ...
The U.S. Mint took top honors in "Best Circulating Coin" at the 2025 Mint Directors Conference for the work on the Jovita ...
“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump ...
There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...
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