It was on April 2, 1792, that Congress acted to create the first U.S. Mint in Philadelphia. The first officially minted coins ...

One-cent coins called "large cents" were produced in the U.S. through 1857. However, they were not the smallest denomination in circulation. From 1793-1857, half-cent pieces were minted, ...

Large cent coins, created from 1793 to 1857, have the potential to fetch, well, a pretty penny. An uncirculated 1799 Draped Bust could get up to $210,000.

With the U.S. Mint losing millions annually on penny production and cash transactions declining, the decision to eliminate the one-cent coin raises questions about economic impact, job losses, and ...

Canada ended its penny production in 2012 and Australia stopping minting one- and two-cent coins in 1992, according to Govmint website. New Zealand has stopped minting its one-cent, two-cent and ...

The coins are a type of "wheat penny," named for the back of the coin having stalks of wheat encircling the "One Cent" text, rather than the Lincoln Memorial. They include "VDB," for designer Victor ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in ...

While most pennies are worth only one cent, some rare variations can fetch a large sum at auction. With the penny on its way out, you may want to consider checking your coin jar for rare cent ...

In fiscal year 2024, it took 3.7 cents to produce and distribute one penny, according to the 2024 U.S. Mint report. The 2024 cost was up by 20% from the previous year, according to the report.

The agency said it costs 3.7 cents to make a one-cent coin. To see just how devalued the penny is these days, WBZ-TV conducted an experiment. One hundred pennies were scattered on a busy sidewalk ...

That's also more than half of the 25 cent coin's buying power today. The quarter's unit cost has increased by 26.2% since the Mint's 2023 report, when its price tag was closer to 12 cents.