So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump’s surprise order comes after decades of unsuccessful efforts to pitch the penny. Here’s a look at some ...
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).
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 ...
How Trump might get rid of the penny — and what could come next for your pocket change
President Donald Trump unveiled plans Sunday to halt production of the penny — but getting that initiative underway requires ...
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.
Getting rid of the penny introduces a new problem: nickels
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...
It costs nearly four cents to make one penny. The nickel costs even more
President Donald Trump said on Sunday that he had instructed the Secretary of the US Treasury to stop making new pennies, ...
Winona Daily News17h
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
It is unclear whether Trump has the power to unilaterally eliminate the lowly one-cent coin. Currency specifications — ...
Twisted Sifter on MSN7h
This Looks Like an Ordinary Penny, But It’s Got One Very Special Property That Makes It Worth An Unbelievable Amount
During WWII in 1943, some materials were being rationed for the war effort, and the planchets used for pennies were SUPPOSED ...