Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...
The first current U.S. coins that could be headed for extinction are one-cent and five-cent pieces. This is partly because it costs more to produce them than they’re worth. Even so, it will ...
Representative Mark Amodei has helped to introduce a bill that would change how coins are minted in an effort to make it more ...
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, but why is he doing it and what could it mean for your change?