Here’s a look at the history of the penny and why it could be going away
When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...
The Hill5d
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
(NEXSTAR) — In a move potentially foretold by the Department of Government Efficiency (DOGE), it seems the U.S. could be on the verge of ending penny production. President Donald Trump on Sunday ...
Newsweek5d
12 Most Valuable Pennies in Circulation As Trump Stops Production
Front and back view of an American one-cent coin, a 1902 'Indian Head' penny. Front and back view of an American one-cent coin, a 1902 'Indian Head' penny. Harold M. Lambert/Getty Images ...
CNN5d
It costs nearly four cents to make one penny. The nickel costs even more
He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...
USA Today5d
How much do pennies cost to make? Here's what to know as Trump calls for pause on production
Canada stopped making pennies in 2012, and Australia stopped circulating one- and two-cent coins back in 1992. The penny cost 3.69 cents to make in fiscal year 2024, according to a U.S. Mint report.
AOL5d
Newman: Why Trump is killing the penny and ransacking the government
On the other, he hopes to end production of the penny, which most Americans probably ... The last set of Trump tax cuts, in 2017, was an easier lift. Back then, the total national debt was about ...
The Providence Journal5d
How much does it cost to mint a penny? Trump orders end of penny production
President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...
Daily Post Wales6d
Tragic death of kind woman 'who would have given you the coat off her back' and her 'last penny'
A kind but troubled woman would have given you "the coat off her back and the last penny from her pocket ... She said in a statement that Amy loved art and drawing and took an art course at ...
WPBF5d
President Trump orders end to penny production
LET’S RIP THE WASTE OUT OF OUR GREAT NATION’S BUDGET. EVEN IF IT’S A PENNY AT A TIME, THE U.S. MINT LOST $85.3 MILLION IN THEIR 2024 FISCAL YEAR, MAKING NEARLY 3.2 BILLION PENNIES.
NBC New York5d
What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Donald Trump ordered the U.S. Treasury to stop minting pennies. That came after Elon Musk and DOGE made the coin a focus of negative attention for wasteful spending. There are currently ...
Benzinga.com1d
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