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

President Donald Trump has ordered the Treasury to stop minting pennies because their production cost exceeds their value.

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at ...

Here's a rundown of U.S. Mint production costs from the government's latest fiscal year. Each penny costs nearly 4 cents — or $0.0369, to be exact — for the U.S. Mint to make and distribute.

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Bridged USD Coin (TON Bridge) is a global digital currency exchange offering cryptocurrency trading, advanced tools, and ...

As a way of honoring more presidents, the U.S. Mint began issuing Presidential Dollar coins in the 2000s. Most are worth about face value, but a couple are valued in six figures due to errors.

U.S. Mint said it shipped more than 1.6 billion quarters in the 2024 fiscal year, down from about 2.27 billion the year prior. The half-dollar coin costs nearly 34 cents ($0.3397) to make and ...