President Donald Trump has directed the U.S. Treasury to halt the minting of pennies, a decision that marks a significant ...
Americans are holding an estimated $60-$90 in coins per household. While some rare pennies are valuable, most are worth only a few cents. Consumers can exchange coins for cash at banks, credit unions, ...
Since the U.S. Treasury ceased penny production earlier this year, retailers like Kroger have begun to see the effects.
Penny production in the U.S. is grinding to a stop. More than 3 billion pennies were minted in the U.S. last year, but according to the U.S. Mint’s annual report from 2024, they’re now more expensive ...
Americans may have pennies worth hundreds of dollars hiding in their piggy banks. Depending on the year, mint and condition, a Lincoln Wheat penny can be valued anywhere from several hundred to even ...
With the Treasuring Department’s plans to stop the production of pennies, the public might be wondering what this means for their giant coin collection at home. Payments made with cash by American ...
(CNN) — The American penny isn’t going anywhere anytime soon. The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been minting for ...