His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to ...

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Cease production of the penny, let collectors gobble up what’s left of the 1 cent coin, and there will still be one eternally ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make ...

New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...

The nickel ... costs nearly 14 cents to make. One doesn’t have to have studied Economics 101 to understand this is a complete ...

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make one and as the president seeks to reduce federal spending, the penny is a ...

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 ...

President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the ...

There's no evidence the Mint ever claimed to have stopped penny production in April 2023. Its own data shows billions have been minted since then.

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...