Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

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

The decision on whether to spend or save coins is usually pretty simple. In nearly all cases, if you don't spend them, then ...

The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...

Half dollar and $1 coins are produced as collectibles, though they still may be ordered by the Federal Reserve for circulation and used as legal tender, according to the U.S. Mint. Even certain ...

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make ...

In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...

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.

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).

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

According to the U.S. Mint, Congress is the body that approves every coin it produces ... potentially worth thousands of dollars now, depending on quality and circulation status.