Does it cost more to produce a penny than it's worth? Yes, it costs more than one cent to produce a penny. According to the Federal Reserve, there are 114 billion pennies in circulation, making up ...

Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.