The best solution would be to stop minting all coins. We are quickly transitioning to a cashless society. Why not go all the ...

Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...

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

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.

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

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 approval? What we know.

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

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