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The federal government made its final order of penny blanks this month — marking the first step to end the production of the one-cent coin, a spokesperson for the U.S. Department of the Treasury ...
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 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
The U.S. government has ordered its final batch of penny blanks and will stop producing the coin when those blanks run out, the treasury says $56 million will be saved. Will it impact any of us?
The U.S. Treasury is discontinuing the penny, finalizing its last order for the coin due to its high production cost. Cash ...
The US Treasury Department has placed its last-ever order to mint new pennies, officially ending the creation of the one-cent ...
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 ...