The Economic Argument for Ditching the Penny—and Why Some Want to Keep It
President Trump wants to ditch the penny, a move that some experts say is long overdue. Advocates of the least-valuable coin say it should stick around. WSJ examines the question of whether or not it ...
Here’s a look at the history of the penny and why it could be going away
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 ...
Getting rid of the penny introduces a new problem: nickels
President Donald Trump says he has ordered the U.S. Mint to stop making pennies, which he correctly says cost more than one cent to produce. “For far too long the United States has minted pennies ...
Trump’s plan to eliminate the penny follows sharp drop in U.S. coin demand at Philadelphia mint
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
Making cents of it all: Here's how much a penny costs you
The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.