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 ...

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 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.

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.