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 ...

"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.

For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...

Numismatic Auctions LLC’s Auction Sale #69 will take place online in a live/timed format from February 17 through February 20 ...

A new commemorative coin series honors George Orwell, the visionary author behind 1984 and Animal Farm, reminding collectors ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

President Trump said Sunday that he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to ...

In fiscal year 2023, the losses were even higher, nearly $180 million between pennies and nickels. Pennies were made of copper before 1962 but are now mostly made of zinc with a t ...