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US Mint moves forward with plans to kill the penny

WASHINGTON (AP) — The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday.

New York Daily News · 1d

Mint orders last batch of pennies after Trump nixes one-cent coin

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

Fast Company on MSN · 1d

The U.S. Treasury will stop minting pennies. Here’s how the math adds up

The Treasury reportedly lost over $85 million producing the one-cent coin last year. It has now placed its final order of penny blanks. The U.S. Treasury said on Thursday it is phasing out the penny and will soon stop putting new one-cent coins into circulation.

Treasury Department to phase out penny

CBS News · 1d

U.S. Treasury Department set to phase out penny production

It's really happening this time. The Treasury Department said it plans to stop manufacturing the penny, one of the first coins ever minted by the U.S. government.

USA TODAY on MSN · 15h

Change is coming for the penny as Treasury Department makes final order of coin blanks

The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.

Houston Chronicle · 1h

The penny is going away as the U.S. treasury department announces its plan to phase out circulation

The American penny will begin its slow fade into non-existence as the government plans stop making the U.S. currency next year.

1don MSN

US Mint places final order to kill penny production as part of Trump’s order to ‘rip the waste’ out of budget

Everything is making less cents. The US Mint has placed its final order of penny blanks and will stop producing the coin when ...

Money Talks News on MSN1d

U.S. Mint Places Final Penny Order As Production Winds Down

After more than two hundred years, the humble one-cent piece is on its way out due to production costs that significantly ...

1don MSN

US is ending penny production: How will you be impacted?

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 ...

16h

What's next for the penny? The details on US decision to end penny production

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

USA Today2d

Change is coming for the penny as Treasury Department makes final order of the coin

"The United States Mint will continue to manufacture pennies while an inventory of penny blanks exists," the spokesperson said. The agency did not specify how long the inventory was expected to ...

Coin World15h

U.S. Mint draws peer recognition for circulating coin

The U.S. Mint took top honors in "Best Circulating Coin" at the 2025 Mint Directors Conference for the work on the Jovita ...

21hon MSN

The Penny Will Be Phased Out by 2026—Here's What It Means for Americans

There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...

ConsumerAffairs1d

The US is saying goodbye to the penny

The U.S. Treasury is discontinuing the penny, finalizing its last order for the coin due to its high production cost. Cash ...

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