When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

Coin values fluctuate, but it's worth checking your coin jars for this rare penny. Who knows? You could be a millionaire.

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

Numismatic Auctions LLC’s Auction Sale #69 will take place online in a live/timed format from February 17 through February 20 ...

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

Before the penny, for 64 years, Americans had the half-penny. But like the half-penny, the 1-cent coin has now outlived its usefulness.

The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.

Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.