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 ...
For years, many have argued that making a penny costs more than it's worth. That's why President Donald Trump wants to get rid of pennies. But this doesn't mean that the penny's value is limited to ...
Let’s face it: Pennies are an annoyance to many Americans. Their main value as a currency is to help provide exact change, but most wind up in a drawer or jar and quickly forgotten. However, President ...
In February, President Trump announced that he ordered the Treasury to halt penny production, thus ending a 232-year tradition dating back to 1793. Today, the last penny ever will be minted at the U.S ...
The U.S. has officially stopped producing pennies because they cost more to manufacture than their one-cent value. While production has ceased, pennies remain legal tender and are still accepted as ...
The U.S. Mint punched out the last pennies ever on Wednesday, Nov. 12 – and the public will have a chance to bid for them. U.S. Treasury Secretary Scott Bessent and U.S. Treasurer Brandon Beach were ...
The final US pennies struck this week might be worth a fortune. Coin experts estimate the last pennies minted Wednesday could sell for as much as $5 million each when they hit the auction block in ...
The U.S. has officially stopped producing pennies because they cost more to make than they are worth. Some retailers are experiencing penny shortages and are rounding cash transactions to the nearest ...
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