The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...

Friday is National Lucky Penny Day, but the future for the penny is not looking so lucky. The U.S. Treasury confirmed ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using ...

The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.

Do you own an old penny worth as much as a million dollars? Experts say it's highly unlikely. You may have seen one of many headlines blasted online lately about valuable pennies in circulation ...