The U.S. government loses less than $10 million a month minting pennies. In theory, Congress could pass legislation eliminating the penny and requiring rounding within a month or two. The cost to the ...
The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
Early numbers showed Sequim School District’s two ballot measures also were on their way to approval, with 67.9 percent of voters backing a replacement EP&O levy and 65.72 percent approving a 20-year, ...
Coin collectors draw big headlines when they sell their rare coins for thousands or even millions of dollars, but the vast ...
Most copper mined in the U.S. comes from Arizona. But President Donald Trump’s surprise announcement he will halt production ...
The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...
"For far too long the United States has minted pennies, which literally cost us more than 2 cents," Trump wrote in a post to ...
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 ...
"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
Trump’s halt to minting of pennies won’t harm Arizona copper industryMost copper mined in the U.S. comes from Arizona. But ...