News

Treasury advances Trump’s plan to stop minting the penny
The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, ...
The U.S. Treasury is ending penny production. Here's what to know:
After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall ...
See a penny, pick it up? In the future, probably not as often — and, some say, that matters
While there will still be over a billion pennies in circulation, no new cents will be joining their ranks for the first time ...
With the penny going away, what should you do with the ones in your coin jar?
Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...
Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production
Treasury Secretary Scott Bessent claimed Friday that the United States can ‘retool’ the nickel following an announcement that ...
Will famous penny sayings outlast the coin itself?
The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U ...
The Trump Administration Will Pull the Plug on the Penny
“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump ...
End of the Penny Grows Near
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.