Here’s a rundown of U.S. Mint production costs from the government’s latest fiscal year. Each penny costs nearly 4 cents — or ...

Coinstar converts $3 billion in coins into spendable cash every year, one coin jar at a time. The average jar yields $58 in ...

The federal government made its final order of penny blanks this month — marking the first step to end the production of the ...

The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using ...

The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's ...

The U.S. Mint took top honors in "Best Circulating Coin" at the 2025 Mint Directors Conference for the work on the Jovita ...

Friday is National Lucky Penny Day, but the future for the penny is not looking so lucky. The U.S. Treasury confirmed ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).