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.

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The value of the 1-cent coin has been debated for decades.

Good riddance. Around the country, people of all ages are expressing giddiness, relief ‒ as well as a bit of wistfulness ‒ over President Donald Trump’s plan to direct the Treasury Department to stop ...

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

President Trump has ordered the government to stop making pennies, calling the coins "wasteful." Would Arizona, a ...

With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention.

Getting rid of the penny, which cost the government 3 cents each, could end up costing the Treasury Department money if it ...

President Donald Trump announced that the United States would cease minting pennies, calling the coin “wasteful.” “For far ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.