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Associated Press News on MSN · 4h

The penny costs nearly 4 cents to make. Here’s how much the US spends on minting its other coins

The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each, or quadruple its value.

USA TODAY · 9h

With the penny going away, what should you do with the ones in your coin jar?

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for cash. Most banks will take an account holder's coins for free, Bankrate reports, but not all, and you may need to roll the coins yourself.

Newsweek on MSN · 9h

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 likely be early 2026, according to The Wall Street Journal, which first reported on the decision.

Treasury unveils its plan to kill the penny

USA TODAY on MSN · 4h

Change is coming for the penny as Treasury Department makes final order of the coin

The agency did not specify how long the inventory was expected to last, so it's unclear exactly when pennies will no longer be in circulation. Blanks are flat metal discs that eventually become coins,

POLITICO on MSN · 1d

Treasury advances Trump’s plan to stop minting the penny

The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, according to the Treasury Department.

CNN on MSN · 1d

The Treasury unveils its plan to kill the penny

The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the department said in a statement Thursday.

5hon MSN

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 ...

2h

Could the penny become extinct?

It may be time to start collecting pennies.

1d

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 ...

1d

What's next for the penny? The details on US decision to end penny production

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

1don MSN

The Penny Is On the Way Out. Can You Still Buy Something With It?

The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...

18hon MSN

Stop making cents: US Mint moves forward with plans to kill the penny

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin, a Treasury Department official ...

6hon MSN

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 ...

7h

The Trump Administration Will Pull the Plug on the Penny

“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump ...

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