US Mint moves forward with plans to kill penny
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The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next year. Afterward, things that cost a penny must “round up” or “round down” to a nickel.
Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth hundreds; here's how to find out.
The federal agency placed its final order for penny blanks this month, with the United States Mint slated to end manufacturing of the penny when that runs out, a Treasury official told CBS MoneyWatch.
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.
The United States Mint is ready to launch the next $1 coin in its American Innovation series, honoring NASA's retired space shuttle.
The U.S. Mint took top honors in "Best Circulating Coin" at the 2025 Mint Directors Conference for the work on the Jovita Idár issue in the American Women quarter dollar series.
“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump posted on social media. “I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nations budget, even if it's a penny at a time.”