Will your old pennies be more valuable now that the government has stopped making them? You shouldn't bank on it.
The US Mint has ended penny production after more than two centuries. The decision follows a directive to stop minting coins ...
One penny costs 3.7 cents to make, according to the latest 2024 U.S. Mint Annual Report. That is about 270% more than they are worth.
The last penny was produced Nov. 12 after being in circulation for over two centuries, but the one-cent coin can still be used to make purchases.
"The cost savings of ending penny production will save the American taxpayer approximately $56 million a year in just production cost alone," he said. President Trump wrote on Truth Social in February ...
Spoiler alert: Your pennies may not be worth much more than the aforementioned freebies. That is, of course, dependent on a ...
Got a piggy bank full of pennies? The small currency has officially become a thing of the past, but don't think you are sitting on a gold mine just yet.
Whether it be because of their rarity, condition or simply because of a 20th century nostalgia — these coins are worth more than 100 times their face value.
The penny is officially dead. The United States Mint announced Wednesday that it has produced its last penny for circulation, ...
The United States has had a one cent coin since the founding of the nation and on Wednesday, November 12, the last American penny will be minted.
SAN FRANCISCO — Stores across the country are asking for exact change months after the U.S. Treasury Department announced they'd soon stop making pennies. Customers say some stores are already ...
The "Common Cents Act" advanced by the House Financial Services Committee will discontinue penny production, potentially impacting jobs at a Tennessee factory that produces penny blanks. While some ...