News

See a penny, pick it up? In the future, probably not as often — and, some say, that matters
Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you’ll have ...
The penny costs nearly 4 cents to make. Here's how much the U.S. spends on minting its other coins
Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.
The penny will be phased out by 2026—Here's what it means for Americans
The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...
Who Makes The Penny, Which Is About To Disappear Forever?
The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next ...
The penny is going away as the U.S. treasury department announces its plan to phase out circulation
The American penny will begin its slow fade into non-existence as the government plans stop making the U.S. currency next year.
An Ode to the Penny, Departing After 233 Years of Service
After more than 200 years, we bid farewell to our small-denominated currency that grew to become a symbol of thriftiness and ...
End of the Penny Grows Near
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
US Treasury unveils plan to end production of penny coin
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
US is ending penny production: How will you be impacted?
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 ...
Modern Engineering Marvels on MSN14h
The End of the Penny Era How Fiscal Efficiency and Price Adjustments Will Shape the Future
This move by the U.S. Treasury, motivated by rising production expenses and a call for fiscal frugality, has opened up an ...