The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using ...

The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...

The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's ...

The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

That can lead to coins like the 1943 Lincoln bronze cent, which was made out of bronze in error. It should have been made out of zinc-coated steel, with the Mint having stopped using bronze which was ...

Online chatter has lots of folks looking at their caches of coins hoping to find Lincoln wheat pennies that they ...

Once the penny is officially discontinued, certain rare specimens could see a spike in market value. Currently, some examples ...

There are one-cent coins that can be worth far more than a pretty penny, tens of thousands of dollars in fact. Find out how to know if you have one.

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 ...

The Treasury just placed its final order of penny blanks, all of which are expected to be minted by early 2026. Eliminating the penny has been a bipartisan issue for years, as each coin costs nearly f ...