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 ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the cost of producing the one-cent coin.

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, but why is he doing it and what could it mean for your change?

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

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

Trump's halt on "wasteful" penny production penny production could cause the value of the rarest one-cent coins to surge.