Making cents of it all: Here's how much a penny costs you
The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin. Nickels cost about 13.8 cents to make in 2024, despite them being valued at only 5 cents.
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
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).
As Trump aims to ax the penny, these are the coins that cost more than they're worth
When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs more than it’s worth.
Trump orders Treasury Department to halt penny production, cites 'wasteful' costs
US President Donald Trump said Sunday that he ordered the Treasury Department to stop producing pennies. "For far too long, the United States has minted pennies, which literally cost us more than 2 cents. This is so wasteful!" he said on his Truth Social platform.
Trump says the penny costs too much, orders Treasury to stop making them
The United States has moved into new and uncharted territory after President Donald Trump ordered the U.S. Mint to stop striking the lowly penny. Trump was attending the Super Bowl on Sunday night when he took to his Truth Social media platform to declare that the days of the 1-cent copper-colored coin had come to an end.
Trump is ‘right’ to order the US to ditch the ‘stupid’ penny, Kevin O’Leary says
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.
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Without Pennies, What Becomes of Penny Loafers?
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Trump abolishes the ‘wasteful’ penny in mid-Super Bowl social media rant
Let's rip the waste out of our great nation's budget, even if it's a penny at a time’, Trump said on Truth Social Sunday ...
Exploring the penny question
With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention.The penny debate, which has been a conversation point for ...