The U.S. Treasury Department halted production of the penny on Nov. 12, ending more than 230 years of minting the nation’s smallest denomination and signalling the copper-colored coin’s gradual exit ...

In February, President Trump ordered the Treasury Department to stop minting pennies because the government was losing money on every coin — since it cost 3.69 cents to produce every penny, the ...

Change is coming to how we make change, thanks to the impending demise of the penny. That’s not an alternative fact: The U.S. Mint said in its annual report that each penny costs 3.69 cents to make.

What, exactly, is the plan for all the pennies? Many Americans—and many people who, though not American, enjoy watching from a safe distance as predictable fiascoes unfold in this theoretical ...

After more than 230 years of steady service, the humble one-cent piece is retiring — for now. The United States Mint pressed its final circulating penny on Nov. 12, 2025. While the penny remains legal ...

The last minted pennies are about to be auctioned off and signs are the coins will bring – excuse the expression – a pretty penny. The U.S. Mint last month announced the auction, to be held Thursday, ...

Change is coming to how we make change, thanks to the impending demise of the penny. President Donald Trump ordered the Treasury Department, back in February, to stop minting pennies. His argument – ...

The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...