Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

Penny production could soon be no more after President Donald Trump announced Sunday that he has ordered the U.S. Treasury ...

is not likely to disappoint collectors or depreciate in value. The 1913 Liberty Head Nickel is another coin that could fetch millions of dollars in the coming years. With only five believed to be ...

Trump has ordered the U.S. Treasury to "stop producing new pennies" as the cost of making new pennies is greater than the ...

Its value depends on factors such as mint mark, condition, and whether the coin has been graded professionally ... are typically from lower-mintage years or rare varieties. Key years include ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

President Trump is on a quest to cut government spending, which could mean saying farewell to the classic penny.