When is the penny going away, and why? The Treasury Department’s pledge to stop minting new pennies by early 2026 comes after President Donald Trump directed Secretary Scott Bessent in a ...

(NEXSTAR) — The U.S. appears poised to ditch the penny, with recent reports saying the U.S. Treasury made its final order of penny blanks in May. With no new blanks on the way, the U.S. Mint is ...

1943 Copper Penny: Almost all 1943 pennies were made of zinc-coated steel, but a few copper versions were mistakenly minted. These pennies are scarce and can be worth up to $85,000.

That means each penny costs 370% of its face value, compared to 276% for each nickel. And because the U.S. Mint produces roughly four times more pennies than nickels each year, the total budget ...

Business See a penny, pick it up? In the future, probably not as often — and, some say, that matters The U.S. Treasury confirmed Thursday that it will stop making shiny new penny coins after the ...

An Ode to the Penny, Departing After 233 Years of Service. The one-cent coin has been around nearly as long as America, but it will soon start to fade from circulation. Share. Resize.

The cost of producing a penny increased by 20 percent in the 2024 fiscal year to 3.69 cents per one-cent coin, according to the U.S. Mint’s annual report to Congress.

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday.

The Treasury Department placed its last order for penny blanks earlier this month, fulfilling a bipartisan, and DOGE, dream. Business Insider Subscribe Newsletters ...

Penny’s Eevee Backpack Is an Adorable Plush Bag That Comes RIGHT From the Video Game Pokémon Center. There’s a lot to love about Pokémon Scarlet and Violet‘s Penny.She’s a wizard with ...

Some place the current value of the 2025 penny between $0.50 and $1.00, while others say it is selling as high as $2.00. The 2025 penny with no mint mark, which means it was produced in ...