For 232 years, the U.S. penny has been both celebrated and ignored, capturing the fascination of collectors and investors but tossed out of sight by almost anyone else. Now, a presidential directive ...

The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...

The U.S. Mint will stop producing pennies after 233 years. The Treasury placed its last order for blank pennies in May. No timeline has been given for when pennies will be removed from circulation. It ...

President Donald Trump has directed the secretary of the U.S. Treasury to stop producing the penny. In a Truth Social post on Feb. 9, Trump announced the directive, calling the minting of new pennies ...

The cost of making a penny has risen to more than twice the coin's face value. The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald ...