It's a tiny coin with a big legacy. The U.S. Treasury and President Donald Trump have discussed halting production of the penny, a decision that's sparking conversation across the country ...

The U.S. Mint Thursday said it has ordered the last batch of pennies after President Trump ordered the elimination of the little-loved one-cent coin.. With the cost of producing a single penny ...

The Treasury Department said Thursday that it made its final order of blank pennies this month as its moves to end production of the 1-cent coin.

It costs more than 3 cents to make a 1-cent coin, and now the United States Treasury is finally doing something about it. Author: Rachel Dillin. May 22, 2025 2:24 PM EDT.

The one-cent coin currently costs the government 3.69 cents to make. Halting penny production is expected to save taxpayers $56 million annually. Without new pennies entering circulation, ...

The Treasury Department said it plans to stop producing the penny — as the cost to create the coin is nearly four times its worth.. The U.S. Mint made its final order of penny blanks and said it ...

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.

The nearly 4 cent price tag is up 20.2% from the Mint’s 2023 report, when a penny cost just over 3 cents. Cost of the nickel Each nickel costs nearly 14 cents ($0.1378) to make and distribute.