Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

President Trump ordered the Treasury department to stop production of pennies. Here's how Americans are responding to the ...

President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

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).

The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...

This coin, nearly a century-old ... coins ever", citing the astonishing sale price of over £127,000 at a US auction in 2016. He added: "Two were given to museums, one to the Royal Mint and ...

In an auction in the US in 2016, a copy of the coin sold for more than £127,000. The expert continued: “It's believed that only seven of these were ever produced in 1933 due to low demand for ...

The total losses are almost certainly much larger: The data does not include transactions that took place on a series of popular crypto marketplaces that started offering the coin only after its ...