Trump orders Treasury to stop minting pennies: How much does it cost to mint a penny?
Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.
Trump says he ordered Treasury Department to stop producing new pennies
President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to produce.
12 Most Valuable Pennies in Circulation as Trump Stops Production
Trump's halt on "wasteful" penny production penny production could cause the value of the rarest one-cent coins to surge.
Penny for your thoughts? Trump orders US Mint to stop making 1-cent coin. What to know
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.
Why Trump wants the Treasury to stop minting the penny
President Donald Trump announced that the United States would cease minting pennies, calling the coin “wasteful.” “For far too long the United States has minted pennies which
Trump directs Treasury to stop making pennies
President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury Secretary Scott Bessent to end minting the small-value coins with President Abraham Lincoln’s image on them.
How much does it cost to make a penny? Trump says too much
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
Trump orders halt to minting of penny. Here’s how it could cost you money
President Donald Trump has ordered the U.S. Treasury to cease minting the penny coin in a bid to cut government spending, USA Today reported. But the move could lead to price increases for U.S. consumers.
Hosted on MSN1d
Rare Lincoln Wheat Penny potentially worth up to $1.7 million could be in your change jar
The Lincoln Wheat Penny has been valued at an astonishing price, with some of the rarest versions of the coin rumored to be ...
A penny for their thoughts: Americans say ‘time to move on’ from the coin
WASHINGTON, D.C. – Americans have a message for the penny: Good riddance. Around the country, people of all ages are expressing giddiness, relief ‒ as well as a bit of wistfulness ‒ over President ...
Trump wants to scrap pennies. What's that mean for Arizona's copper industry?
President Trump has ordered the government to stop making pennies, calling the coins "wasteful." Would Arizona, a ...
You could have a coin worth $1 million. Check your change jar for this
The site suggests that, if while sifting through your change jar you do come across a 1943 wheat penny, you take it to a coin ...
Billionaire Trump says time's up for lowly US penny
U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...
Trump might be tempting bad luck on US with his latest decision
Donald Trump has risked the ire of the most superstitious people in the US by announcing the abolition of the penny. The ...
It costs nearly four cents to make one penny. The nickel costs even more
President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny ...
Trump Plan to Ditch the Penny Comes With Twist: It May Not Save Much
President Donald Trump’s order Sunday night to stop minting billions of pennies annually potentially comes with some ...