Trump's plan to scrap the penny spikes interest for coin collectors
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 ...
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Denver Mint presses on despite potential penny pause
A group of 30 tourists stood in the foyer of t Mint on Tuesday afternoon, surrounded by the sparking marble sourced from ...
Is eliminating the penny a good idea? Other countries have already done it
President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of America’s smallest coin.
Local Economist weighs in on Trump's decision to stop minting the penny
The president has ordered the U.S. Treasury Secretary to stop the production of new pennies, the latest move in his ongoing ...
As Trump aims to ax the penny, these are the coins that cost more than they're worth
When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...
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Trump’s Move To End Penny Minting Could Save The Federal Government Millions But May Hurt Consumers And Businesses
President Trump announced on Sunday that he directed the U.S. Treasury Department to halt the minting of new pennies. The ...
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).