“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 ...

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 U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part of the ...

The Treasury just placed its final order of penny blanks, all of which are expected to be minted by early 2026. Eliminating ...

A penny saved was a penny earned. A penny bought your thoughts. A penny was pretty. A penny was pinched. A penny might even ...

There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...

Since 1909, the profile of President Abraham Lincoln has adorned the obverse side of the coin that is made of zinc and copper. Trump has described spending on penny minting as 'wasteful' ...

President Donald Trump in February directed Treasury Secretary Scott Bessent to cease production of the coin. Trump has ...

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

The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...

The U.S. Treasury has ordered its last batch of “blanks” that it uses to form pennies, a department spokesman confirmed.This article originally appeared here and was republished with permission.

After more than two centuries in circulation, the penny will soon be history. The U.S. Treasury announced Thursday that ...