News

With the penny going away, what should you do with the ones in your coin jar?
“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 ...
Change is coming for the penny as Treasury Department makes final order of the coin
The agency did not specify how long the inventory was expected to last, so it's unclear exactly when pennies will no longer ...
Penny collectors out of luck: One-cent coin unlikely to go up in value after U.S. Mint stops production
Friday is National Lucky Penny Day, but the future for the penny is not looking so lucky.The U.S. Treasury confirmed Thursday ...
The penny costs nearly 4 cents to make. Here's how much the US spends on minting its other coins
The impending "death" of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each ...
The Treasury unveils its plan to kill the penny
The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...
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).
Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'
The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using ...
Milwaukee Journal Sentinel13d
Are your old pennies worth millions? Experts say you shouldn't bank on it
Do you own an old penny worth as much as a million dollars? Experts say it's highly unlikely. You may have seen one of many headlines blasted online lately about valuable pennies in circulation ...