According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.

Could Trump get rid of the penny? - The cost of zinc — the primary metal used in penny-making — has doubled since 2016 ...

A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add pennies to its federal cost-cutting hit list.

Elon Musk’s Department of Government Efficiency (DOGE) has identified a new priority in its quest to slash federal spending: the humble American penny. In a post on X this Tuesday, DOGE noted that the ...

Five more seven-figure coins were added to the record books, including 1927-D Saint-Gaudens at $3.84 million and 1798 Small Eagle $5 at $3 million ...

Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...

President Donald Trump is reportedly considering getting rid of the penny. Trump's Department of Government Efficiency, which ...

In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...

Learn about Costa Rica's new ₡500 coin commemorating the Annexation of the Nicoya Party. Discover its design, security ...

The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...