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.
It takes nearly 4 cents to make a single penny. Here's why Trump wants them gone.
Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.
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.
Is the US going 'penniless'? Why Trump wants to halt production of the coins
Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to produce — leading to an $85.3 million loss in 2024 alone. The move follows a push by Elon Musk’s Department of Government Efficiency and mirrors similar decisions in Canada and Europe.
Lincoln expert not worried about Trump’s move to stop minting pennies
It’s been debated for decades - now President Trump has directed the Treasury Department to stop minting pennies. A historian says the move won’t diminish the legacy of Illinois’ favorite son, Abraham Lincoln.
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on his Truth Social site.
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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 ...
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Trump halts production of new U.S. pennies
WASHINGTON >>Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account ...
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$100K Coin: Lincoln Pennies With Dime Reverse Sides Are So Rare They Fetch Big Bucks
There used to be a saying — “pennies make dimes and dimes make dollars” — that stressed the importance of saving your money (the phrase later showed up in a country song). Today, some ...
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.
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50 years with Lincoln
Phillip Stone, a Harrisonburg lawyer who has served as president of Bridgewater College and Sweet Briar College, holds an ...