When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

It was Theodore Roosevelt — a lifelong admirer of Abraham Lincoln — who ordered the U.S. Mint to introduce copper pennies ...

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 ...

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

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...

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 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.

The newspaper explained that the fact that most pennies handed out as change in over-the-counter transactions end up in glass ...

US President Donald Trump has ordered the Treasury Dept to halt penny production due to its cost exceeding two cents per coin ...

The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.