It’s unclear exactly how high demand would be for nickels in a penny-less world, but it’s likely that it would be higher than ...
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
For the 2024 fiscal year, the annual U.S. Mint report said that it takes about 3.7 cents to produce and distribute one penny, ...
(AP Video: Joseph Frederick) Freshly-made pennies sit in a bin at the U.S. Mint in Denver on Aug. 15, 2007. (AP Photo/David ...
Before the penny, for 64 years, Americans had the half-penny. But like the half-penny, the 1-cent coin has now outlived its usefulness.
There's no evidence the Mint ever claimed to have stopped penny production in April 2023. Its own data shows billions have ...
Back in 1857, Congress discontinued the half-cent and made the penny smaller to reduce the amount of copper needed, according to the U.S. Mint. In 2013, President Obama said: “Anytime we’re spending ...
President Trump solved the penny problem but now we have a nickel problem. But it's deeper than that. At the core, we have a ...
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
A Missouri collector’s suggestion for legislation, sent to a new anti-waste government department, seeks to end production of ...