The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.
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 ...
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be OK without the coin.
he would pile the coins atop the counter at his neighborhood sundries store to load up on penny candy. Hartgrove said he had fond memories of walking to school back then, picking up bottles ...
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.
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.