The US Mint will stop producing pennies due to high costs, following a directive from Donald Trump. The move is expected to ...

President Donald Trump says the small coin is "so wasteful" and should be abolished, with an estimated saving of $56m (£41m) ...

While there will still be over a billion pennies in circulation, no new cents will be joining their ranks for the first time ...

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury ...

The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...

Everything is making less cents. The US Mint has placed its final order of penny blanks and will stop producing the coin when ...

Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.

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.

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. This move comes as the cost of making ...

The American penny has been in circulation since 1792. It will be discontinued because it is too expensive to make.

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