He knows that our neighbors to the north ditched one-cent coins more than a decade ago with little fuss. And yet, Papertsian, the owner of Bay State Coin Co. in downtown Boston, cannot get behind ...

"As an avid collector of coins, the coin collecting community is excited as the discontinuation of the penny is a historic event and it brings a renewed interest in rare and valuable editions ...

RICHMOND, Va. — The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald Trump announced Sunday he’s ordered his administration ...

When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that c ...

Despite childhood nostalgia associated with the coin, Rok, 70, said he agreed with Trump’s assessment that the penny simply costs too much. Many others agreed with him. USA TODAY spoke with ...

According to the U.S. Mint, producing a penny costs the government nearly four times more to make than its face value – a fact that has many people, including President Donald Trump, questioning the ...

President Donald Trump wants the U.S. to stop making the coins. On Sunday, he posted on Truth Social that he's instructed the Secretary of the U.S. Department of the Treasury to stop minting the ...

President Donald Trump doesn’t ever need a penny to offer his thoughts, and on Sunday during the Super Bowl, he shared his on the penny. “For far too long the United States has minted pennies ...

As cashless payments continue to make up a greater share of transactions, the need for the 1-cent coin has diminished. The White House sees the move as a cost-cutting strategy, as the coin is more ...

The President appoints the Treasury Secretary, currently Scott Bessent, who has the power to decide which coins to mint, of the designs authorized by Congress. Pennies account for more than half ...