The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...

The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump ...

“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 ...

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

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

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 ...

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).

There are one-cent coins that can be worth far more than a pretty penny, tens of thousands of dollars in fact. Find out how to know if you have one.

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

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 ...

After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall ...

The U.S. Mint made its final order of penny blanks and said it plans to halt the production of pennies once those run out, ...