"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 ...

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 ...

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 ...

One coin shop owner says the potential end of the penny is leading to increased interest in 2025 pennies for collectors PHOENIX — As the "Copper State," Arizona has deep ties to the cent.

RICHMOND, Va. (AP) — 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 ...

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 ...

Doing so would save the government money, they say: Producing the coins costs a pretty penny—or three, rather, as minting a single cent came with a price tag of 3.69 cents in 2024. Given the ...

A lone penny is illuminated in a bin of completed pennies at the U.S. Mint in Denver, Aug. 15, 2007. President Donald Trump speaks as Treasury Secretary Scott Bessent, left, and Commerce Secretary ...

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 ...