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US Mint moves forward with plans to kill penny

A nickel for your thoughts? US Mint’s plans to kill the penny inch closer to reality

Advocates for ditching the penny cite its high production cost — almost 4 cents per penny now, according to the U.S. Mint — and limited utility.

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US Mint places final order to kill penny production as part of Trump’s order to ‘rip the waste’ out of budget

Money Talks News on MSN · 1d

U.S. Mint Places Final Penny Order As Production Winds Down

US Treasury confirms the end of the penny

One cent coins will stop being produced in the US next year, the Treasury Department has confirmed.

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U.S. Mint Signals Death Knell For The Penny

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Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'

The retirement of the penny, which was first reported by the Wall Street Journal, is expected to save the Treasury Department around $56 million annually in reduced material costs, according to the d...

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The Treasury unveils its plan to kill the penny

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Why it makes cents to get rid of the penny

Trump's Treasury Department is saying so long to penny

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Bye Bye, Penny: Why Pennies Will Be Phased Out By Trump Treasury Department

The Treasury Department confirmed Thursday that the U.S. Mint will no longer be ordering blank pennies. It will continue to print pennies with the b

Blavity on MSN · 18h

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The penny is going away as the U.S. treasury department announces its plan to phase out circulation

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Trump's Treasury Department is saying so long to the penny

16hon MSN

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

The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.

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

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.

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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 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

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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.

Coin World15h

U.S. Mint draws peer recognition for circulating coin

The U.S. Mint took top honors in "Best Circulating Coin" at the 2025 Mint Directors Conference for the work on the Jovita Idár issue in the American Women quarter dollar series.

ConsumerAffairs1d

The US is saying goodbye to the penny

The U.S. Treasury is discontinuing the penny, finalizing its last order for the coin due to its high production cost. Cash transactions will be rou

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.

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The end of the penny is coming: How much money will actually be saved?

The U.S. government has ordered its final batch of penny blanks and will stop producing the coin when those blanks run out. The Treasury says $56 million will be saved.