News

U.S. Treasury announces end of penny production
The U.S. Treasury announced it's phasing out production of the one-cent coin and has made its final order of penny blanks.
Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production
Treasury Secretary Scott Bessent claimed Friday that the United States can ‘retool’ the nickel following an announcement that ...
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 ...
CBS News1d
Treasury Department set to phase out the penny
The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U.S. government. The federal agency placed its final order for penny ...
NBC News2d
The U.S. will soon mint its last penny
A Treasury Department spokesperson said that "the United States Mint will continue to manufacture pennies while an inventory of penny blanks exists." The Mint said in its 2024 annual report that ...
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 ...
Will famous penny sayings outlast the coin itself?
The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U ...
The Penny Will Be Phased Out by 2026—Here's What It Means for Americans
There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...