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 ...
A group of 30 tourists stood in the foyer of t Mint on Tuesday afternoon, surrounded by the sparking marble sourced from ...
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.
The president has ordered the U.S. Treasury Secretary to stop the production of new pennies, the latest move in his ongoing ...
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 ...
President Trump announced on Sunday that he directed the U.S. Treasury Department to halt the minting of new pennies. The ...
Trump’s halt to minting of pennies won’t harm Arizona copper industryMost copper mined in the U.S. comes from Arizona. But ...
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).
In the same conversation, Philip Diehl, the 35th director of the U.S. Mint, noted there is also interest from lobbyists representing those who manufacture the zinc used to make pennies, for example.
the 35th director of the U.S. Mint, noted there is also interest from lobbyists representing those who manufacture the zinc used to make pennies, for example. Two coin press operators load coins ...
The United States Mint launched a completely overhauled Coin Classroom website Dec. 17, providing age-appropriate educational resources for teachers of students in grades kindergarten through six.