Here's a rundown of U.S. Mint production costs from the government's latest fiscal year. Each penny costs nearly 4 cents — or $0.0369, to be exact — for the U.S. Mint to make and distribute.

The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...

The American penny has been in circulation since 1792. It will be discontinued because it is too expensive to make.

A June 3 release date has been announced for the third American Women quarter dollar to bear a 2025 date and it will be ...

The American penny will begin its slow fade into non-existence as the government plans stop making the U.S. currency next year.

The Trump administration says making cents doesn’t make sense anymore. The U.S. Mint has made its final order of penny blanks ...

Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel.

The U.S. Mint is set to stop producing pennies, marking the end of an era. With production costs soaring and the utility of ...

The U.S. Treasury Department announced May 22 its decision to phase out the production of the one-cent coin, with no new ...