News

Trump has ordered the Treasury to stop minting pennies because their production cost exceeds their value. (Intriguingly, it's ...
The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...
A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny ...
There has long been broad bipartisan agreement that the penny has outlived its usefulness. Yet multiple efforts by both ...
Paulina Gonzalez-Brito, chief executive officer of the San Francisco-based nonprofit Rise Economy, said the marginalized ...
You may feel inclined to rush out and purchase a few rolls of one-cent coins and stash them away, either to use to cover oddly-priced purchases or for a potential payout from collectors. Generally ...
The U.S. Treasury Department expects penny production to fully end when its stock of materials runs out in 2026.
When are they getting rid of pennies? Why? How much is 1 million pennies? Here are answers to these questions and more surrounding the once-cent coin.
Some old pennies are worth more than the one cent they represent. Here’s a quick explainer on rare pennies and how to tell if ...
Got a piggy bank full of pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a ...
While there will still be over a billion already existing pennies in circulation, no new cents will join their ranks for the ...
There are an estimated 114 billion pennies currently in circulation, but they are "severely underutilized," according to the Treasury Department.