The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one ...

Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.

Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...

The government loses nearly three cents on every penny it mints. On a nickel, it loses nearly nine cents. More nickels would mean steeper losses. America could kill both the penny and the nickel, the ...

U.S. Mint said it shipped more than 1.6 billion quarters ... by more than 30% since the 2023 fiscal year, when the coin’s production cost was just under 26 cents. U.S. Mint said it shipped ...