The U.S. Treasury Department stopped producing pennies. What does this mean for collectors and the value of the penny? Here's ...
Penny production in the U.S. is grinding to a stop. More than 3 billion pennies were minted in the U.S. last year, but according to the U.S. Mint’s annual report from 2024, they’re now more expensive ...
Pennies will soon be a thing of the past. President Donald Trump has ordered the Treasury to stop minting pennies because their production cost exceeds their value. Many Americans regard both nickels ...
Change is coming, but it won't be in the form of a penny anymore. After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end, and soon, ...
Americans are holding an estimated $60-$90 in coins per household. While some rare pennies are valuable, most are worth only a few cents. Consumers can exchange coins for cash at banks, credit unions, ...
The coin costs nearly 1.7 cents to make, so America loses money on each one. March 16, 2008 -- The saying goes, "See a penny, pick it up, all day long you'll have good luck." But these days, the penny ...
U.S. penny production is ending when the Mint's supply of blank pennies runs out, which will likely be in 2026. While most pennies are worth only one cent, certain rare pennies, particularly those ...