The U.S. Treasury Department halted production of the penny on Nov. 12, ending more than 230 years of minting the nation’s smallest denomination and signalling the copper-colored coin’s gradual exit ...

Fiscally, the mint didn’t have a logical choice. It was costing about 4 cents to mint a single penny, and that’s mostly due to production costs, not because the price of copper has soared. Since 1982, ...

Picture this: you're sorting through your pocket change when you spot a 1943 penny. Your pulse quickens. You've heard the ...

The U.S. is preparing to stop producing new pennies. Some wheat pennies could be worth a lot of money. If you're looking to get rid of your pennies, you can cash them in at banks, credit unions and ...

Copper's recent rise as a precious metal has led to some questionable, and downright criminal schemes in recent years. But buying a dragon's hoard of old pennies has been a bit of a fantasy. The ...

President Donald Trump is telling the Treasury Department to stop minting pennies, the iconic one-cent copper coin bearing the face of Abraham Lincoln. Shortly after departing Sunday's Super Bowl game ...

We aren’t here to praise the penny, but rather, to bury it. The penny, and its counterparts, have been vanishing all around the world as the cost of minting one far outweighs its value. But hackers ...

The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...