The need for a penny has long been questioned, but some fear getting rid of it could push up prices.

Although its face value is close to zero, the penny is priceless as a bit of Americana.

Key Points ・The U.S. Mint will no longer produce pennies due to rising costs, as each penny costs more than two cents to ...

President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.