Coin experts say people may want to hold on to some pennies, though they likely won't be valuable any time soon.

Republican lawmakers in Congress are forging ahead with President Donald Trump’s plan to end the production of pennies.

Kaljevich said when the U.S. Senate was debating the 1792 Mint Act, it proposed putting an image of George Washington on a coin, an idea Washington vehemently rejected.

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

WASHINGTON — The Trump administration says making cents doesn't make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out ...

The U.S. Mint will stop producing pennies once current blanks run out. Penny production costs nearly 4 cents per coin, up 20% in 2024. Treasury projects $56 million in annual savings from the halt.

Pennies are the most popular coin made by the U.S. Mint, which reported making 3.2 billion of them last year. That’s more than half of all the new coins it made last year.

For the 2024 fiscal year, the annual U.S. Mint report said that it takes about 3.7 cents to produce and distribute one penny, a 20% increase from the previous year.

Pennies are the most popular coin made by the U.S. Mint, which reported making 3.2 billion of them last year. That’s more than half of all the new coins it made last year.