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.

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.

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 ...

Australia ended production of its 1 and 2 cent coins in 1992, and Canada followed suit by phasing out its penny in 2012. New Zealand eliminated its 1 and 2 cent coins in 1990 and later ...

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 ...

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.

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.