News

The end of penny production marks a change in a 233 year tradition, as the penny was one of the first coins made after the U.S. Mint was established in 1792, according to its website.
The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one-cent coins.
Often ignored and flying under the radar, penny stocks rarely make headlines for doubling or tripling in value.And over the past year, quite a few of these tiny stocks have done just that ...
That means each penny costs 370% of its face value, compared to 276% for each nickel. And because the U.S. Mint produces roughly four times more pennies than nickels each year, the total budget ...
You may feel inclined to rush out and purchase a few rolls of one-cent coins and stash them away, either to use to cover oddly-priced purchases or for a potential payout from collectors.
1943 Copper Penny: Almost all 1943 pennies were made of zinc-coated steel, but a few copper versions were mistakenly minted. These pennies are scarce and can be worth up to $85,000.
That means each penny costs 370% of its face value, compared to 276% for each nickel. And because the U.S. Mint produces roughly four times more pennies than nickels each year, the total budget ...
It's the end of an era. The penny will soon be a thing of the past. The U.S. Treasury will soon stop minting the coin in early 2026. The decision comes amid rising production costs and declining ...
After nearly two centuries, the U.S. government is ending the production of the penny. The U.S. penny discontinuation means that, in time, these coins that you grew up with will no longer be in ...
After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end, and soon, the only ones available will be pennies currently in circulation.
With the penny going away, what should you do with the ones in your coin jar? Mike Snider and Daniel de Visé, USA TODAY Sat, May 24, 2025, 12:01 PM 8 min read ...
Granted, McColly has a vested interest. His company collects a small cut of the coins that consumers deposit. “You can go to your own bank or credit union and not pay any fee,” said Kimberly ...