Should you cash in your pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a ...

Pennies will continue to be in circulation and can be used, deposited or kept indefinitely. There just won't be as many.

I have instructed my Secretary of the US Treasury to stop producing new pennies.” In its 2024 annual report, the U.S. Mint said that producing each penny cost 3.69 cents last year.

The U.S. Treasury will stop minting pennies in early 2026 due to production costs exceeding face value. Pennies will remain legal tender and accepted for transactions, with some amounts rounded to ...

Yes, the nickel costs about 13.8 cents to make today, resulting in a loss of roughly 8.8 cents for each one and an overall ...

With the U.S. Mint losing millions annually on penny production and cash transactions declining, the decision to eliminate the one-cent coin raises questions about economic impact, job losses, and ...

As of July 3, 2025, the U.S. national debt stands at $36.2 trillion. Much like bank loans, the national debt has interest ...