Donald Trump isn’t the first to dream about getting rid of lowest denomination US coin, nor is the US the only country to see ...

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

Unfortunately for anyone who loves shiny new pennies, President Donald Trump announced on Sunday that he had instructed the ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

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

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

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.