When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...
Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
The move came after New Zealand, Australia, the Netherlands, and others dropped their lowest-denomination coins. After dropping the penny or its equivalent, those countries have not looked back.
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.