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

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 ...

By stopping the one-cent coin’s production, one official says the Treasury expects an immediate annual savings of $56 million ...

The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. But some wheat pennies could be worth hundreds of dollars; here's how to check yours.

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

The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each ...

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

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

The U.S. Mint on Thursday said it has ordered the last batch of pennies after President Donald Trump ordered the elimination ...