Are pennies worth it? Trump's plan to scrap them didn't come out of nowhere
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The value of the 1-cent coin has been debated for decades.
Trump orders Treasury to stop minting pennies: How much does it cost to mint a penny?
Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.
How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal Year 2023 cost taxpayers more than $179 million.
Penny for your thoughts? Trump orders US Mint to stop making 1-cent coin. What to know
The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.
Why Trump wants the Treasury to stop minting the penny
President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.
A Penny for Your Thoughts: Denver Mint Target of Latest Donald Trump Order
Let’s rip the waste out of our great nation's budget, even if it’s a penny at a time,” President Donald Trump pronounced last night on Truth Social, even as he returned to Washington, D.C., from a pricey jaunt to the Super Bowl.
How much does it cost to make a penny? Trump says too much
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
Trump orders halt to minting of penny. Here’s how it could cost you money
President Donald Trump has ordered the U.S. Treasury to cease minting the penny coin in a bid to cut government spending, USA Today reported. But the move could lead to price increases for U.S. consumers.
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
President Donald Trump on Sunday said that he had asked the Treasury Department to stop minting new pennies, calling them ...
Exploring the penny question
With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention.
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United States Mint
Even if you hate the sound of excess change rattling around your pockets, you'll find a tour of the Denver branch of the United States Mint to be an interesting way to spend an hour or so.
So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald ...
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United States Mint USMC 250th Anniversary Commemorative Coins Available
Washington, DC, Jan. 24, 2025 (GLOBE NEWSWIRE) -- The United States Mint (Mint) began accepting orders for products in the USMC 250th Anniversary Commemorative Coin Program on January 2, 2025, at ...
Getting rid of the penny introduces a new problem: nickels
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.
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First 2025 quarter dollars available in bags and roll sets
The U.S. Mint is now selling Uncirculated examples of the first American Women quarter dollar of 2025, featuring Ida B. Wells ...