The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...

President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of ...

Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.

The cost of copper today isn't the only time the problem has come up. Back in 1857, Congress discontinued the half-cent and made the penny smaller to reduce the amount of copper needed, according to ...

quarters and half dollars. Would major copper-producing areas like Arizona be hurt by an end to penny production? Not by much. The metal has a bright future with rising demand, especially ...