Coins aren't necessarily worth their face value, with some worth more than their cost of production and the penny famously ...

Donald Trump isn’t the first to dream about getting rid of lowest denomination US coin, nor is the US the only country to see ...

According to the U.S. Mint, Congress is the body that approves every coin it produces. The Coinage Act of April 2, 1792 established the Mint and the regulation of coins in the United States. There was ...

When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

Stop printing the $1, $2 (who uses it?) and $5 bills. Widely distribute the $1 coin, which is sitting in huge quantities in ...

And the United States wouldn’t be the first to dump its least valuable coin. Canada stopped minting ... the government has to make so many pennies every year is a large percentage of them ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).