Coinstar converts $3 billion in coins into spendable cash every year, one coin jar at a time. The average jar yields $58 in ...

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

Ceasing production will deliver an immediate annual saving of $56m (£42m) in reduced material costs, according to the US Mint ...

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

The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.

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

The US Treasury Department says it will phase out production of new pennies early next year. It said that the cost of making ...

Pennies could rise in value after United States Mint, a department of the United States Treasury, announced plans to stop ...

The penny is about to drop in America - for the final time. President Donald Trump says the small coin is "so wasteful" and should be abolished. The US Mint has made its final order of penny ...

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

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

The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...