The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...

The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...

There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...

Pennies are the most popular coin made by the U.S. Mint, which reported making 3.2 billion of them last year. The U.S. Mint ...

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).

May 23, 2025. More for You ...

The first one-cent coin was issued by a private mint in 1787. Benjamin Franklin designed it. One side, read “Mind Your ...

The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.

The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...