The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.
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.
As President Trump seeks to downsize the cost of the U.S. Government, let me add my two cents to the effort; or to be more ...
President Trump announced he's instructed the U.S. Treasury to stop producing new pennies due to the cost. Tulsans react to possible currency change.
The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.
President Donald Trump’s order Sunday night to stop minting billions of pennies annually potentially comes with some ...
The U.S. Treasury is ending penny production due to high costs and low usage, sparking debate over its financial benefits and ...
"For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful ... first issued by the government in 1793. Since 1909, the profile of ...
and it now costs the U.S. Mint a whopping 3.7 cents to manufacture and distribute ... but the first U.S. pennies were minted in 1793, with the solemn understanding that “a well regulated Gumball ...
and it now costs the U.S. Mint a whopping 3.7 cents to manufacture and distribute ... but the first U.S. pennies were minted in 1793, with the solemn understanding that “a well regulated Gumball ...
there are estimated to be around 250 billion pennies in circulation in the U.S. and the symbolic coin was first issued in 1793. But dismally in 2024, the U.S. Mint announced that each one-cent ...