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After losing $85 million making pennies last year, the Treasury Department is ending their production. The move follows ...

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Talk of phasing out the Penny was first floated by the president in February, as a way of saving money. Headline writers blasted it as “Penny Pinching.” Nonetheless, in May, the Treasury Department ...

Coin experts say people may want to hold on to some pennies, though they likely won't be valuable any time soon.

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The United States will soon make its last penny, ending a process that began in 1793. The Treasury Department has ordered its last batch of penny blanks and will stop production of the one-cent coin ...

By ending production of new pennies, the Treasury expects an immediate annual savings of $56 million in reduced material costs.

The last order for pennies has already been taken by U.S. mints and the Treasury told multiple news outlets that pennies will stop being put into circulation early in 2026, according to the Wall ...

The one-cent coin is made of copper-plated zinc but was originally all copper. It has been in circulation since the US Mint was created in 1792. Lately, however, and despite the 114 billion currently ...

Check your change! Rare pennies to watch for as penny production rolls to a stop With the penny on its way out, you may consider checking your coin jar for rare cent variations.

I have instructed my Secretary of the US Treasury to stop producing new pennies.” In its 2024 annual report, the U.S. Mint said that producing each penny cost 3.69 cents last year.