“While general production concludes today, the penny’s legacy lives on,” Kristie McNally, Acting Mint Director, said in the ...

The U.S. Treasury Department announced that it has stopped producing pennies, ending more than 230 years of minting the 1-cent coin.

The U.S. Treasury may have stopped producing pennies to save an estimated $56 million, but that doesn’t mean you should let all your old copper coins go just yet. Before you dump your spare change, ...

President Trump ordered the halt of penny production due to cost concerns. Discontinuing the penny could negatively impact low-income households through rounding costs. Minting pennies just doesn't ...