The U.S. Mint has halted production of the circulating penny after the Treasury Department concluded new one-cent coins are ...
(NEXSTAR) — The day has finally come: the U.S. Mint is pressing its last pennies on Wednesday. It comes as retailers across ...
America’s last penny was struck at the U.S. Mint in Philadelphia, the end of a coin production that started in 1793 and ended ...
The production of the U.S. penny has officially halted, with the last penny stamped on Nov. 12. Here's everything to know ...
A historic end to U.S. penny production as Treasury Secretary Scott Bessent strikes the final coin Wednesday. Rising costs make each penny cost about 4 cents to produce.
One penny costs 3.7 cents to make, according to the latest 2024 U.S. Mint Annual Report. That is about 270% more than they ...
The penny dropped. The U.S. Mint struck the final 1-cent coin that will be used as legal tender on Wednesday, six months ...
Here’s what to know about why and when penny production stopped, how many are in circulation and which rare pennies could be ...
WASHINGTON — President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. "For far too long the United States ...
The penny is officially dead. The United States Mint announced Wednesday that it has produced its last penny for circulation, ...
The final penny was minted on Wednesday at the Philadelphia Mint after over 230 years in circulation as a useful coin flip ...
At the Treasury Department, we respect tradition. However, tradition in and of itself is not sufficient to justify ongoing losses.