The US Mint reported an $85.3 million loss in the 2024 fiscal year from producing nearly 3.2 billion pennies, with each coin costing nearly 3.7 cents to manufacture up from 3.1 cents the previous ...

Other countries which have gotten rid of 1- or 2-cent pieces -- like Australia ... According to a 2024 US Mint report, the 5-cent coin also costs more to produce than its face value, with each ...

Are your old coins and bills valuable ... t “lose” money when it prints $2 bills. The most recent report from the Federal Reserve shows it costs 3.2 cents per note printed, less than the ...

US President Donald Trump said on Sunday he had told the Treasury to stop producing penny coins, presenting it as ... which literally cost us more than 2 cents. This is so wasteful!” ...