Everything is making less cents. The US Mint has placed its final order of penny blanks and will stop producing the coin when ...

The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's ...

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 cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...

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 ...

Online chatter has lots of folks looking at their caches of coins hoping to find Lincoln wheat pennies that they ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in ...

Once the penny is officially discontinued, certain rare specimens could see a spike in market value. Currently, some examples ...

That can lead to coins like the 1943 Lincoln bronze cent, which was made out of bronze in error. It should have been made out of zinc-coated steel, with the Mint having stopped using bronze which was ...

Becoming a millionaire with a penny is possible if you have one of these rare specimens. This is the one-cent coin that could be worth up to $1.7 million.

Move follows directive from President Trump issued over growing bipartisan support in Congress to phase out pennies ...

The U.S. Treasury has ordered its last batch of “blanks” that it uses to form pennies, a department spokesman confirmed.