News

The penny costs nearly 4 cents to make. Here’s how much the US spends on minting its other coins
Here’s a rundown of U.S. Mint production costs from the government’s latest fiscal year. Each penny costs nearly 4 cents — or ...
Wilmington Star-News on MSN7h
With the penny going away, what should you do with the ones in your coin jar?
Coinstar converts $3 billion in coins into spendable cash every year, one coin jar at a time. The average jar yields $58 in ...
Change is coming for the penny as Treasury Department makes final order of the coin
The federal government made its final order of penny blanks this month — marking the first step to end the production of the ...
US Treasury unveils plan to end production of penny coin
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'
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 ...
Coin World1h
U.S. Mint draws peer recognition for circulating coin
The U.S. Mint took top honors in "Best Circulating Coin" at the 2025 Mint Directors Conference for the work on the Jovita ...
Penny collectors out of luck: One-cent coin unlikely to go up in value after U.S. Mint stops production
Friday is National Lucky Penny Day, but the future for the penny is not looking so lucky. The U.S. Treasury confirmed ...
Daily Voice on MSN1d
Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say
The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's ...
US is ending penny production: How will you be impacted?
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).