Fiscally, the mint didn’t have a logical choice. It was costing about 4 cents to mint a single penny, and that’s mostly due to production costs, not because the price of copper has soared. Since 1982, ...
Add Yahoo as a preferred source to see more of our stories on Google. The U.S. Treasury Department halted production of the penny on Nov. 12, ending more than 230 years of minting the nation’s ...
WASHINGTON (AP) -- Given rising metal prices, the pennies and nickels in your pocket are worth more melted down than at their face value -- and that has the government worried. U.S. Mint officials ...