As Trump aims to ax the penny, these are the coins that cost more than they're worth
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a nickel.
Is the US going 'penniless'? Why Trump wants to halt production of the coins
Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to produce — leading to an $85.3 million loss in 2024 alone. The move follows a push by Elon Musk’s Department of Government Efficiency and mirrors similar decisions in Canada and Europe.
Few Mourn the US Penny as Trump Moves to Kill It
One-cent U.S. coin known as the penny is shown in this illustration picture, after U.S. President Trump informed on his Truth Social media account that he instructed the Secretary of the US Treasury to stop producing new pennies,
How much does it cost to mint a penny? Trump orders end of penny production
President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is telling the Treasury Department to stop minting pennies,
Trump says he has directed Treasury to stop minting new pennies
President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the coin.
So Long, Penny! Trump Orders US to Ditch 1-Cent Coin After Decades of Complaints
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime. Advocates for ditching the penny cite its high production cost — currently almost 4 cents per penny,
Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
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Look through your coins: Rare Bicentennial quarter can go for $19,200
Some of particular interest are known as Bicentennial quarters, an iconic special edition coin series minted in 1976, the 200th anniversary of the United States' founding. Like most quarters ...
Coinbase expected to see 109% YoY revenue increase for Q4 — Coin Metrics
Digital asset researcher Coin Metrics expects Coinbase to report some $2B in revenue for Q4 2024 following a sharp uptick in ...
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This Rare Bicentennial Quarter Has Nearly $20K Value — Plus 7 More Worth Thousands
People of a certain generation will remember the year-long bicentennial celebration of 1976, when the United States celebrated ... a series of bicentennial quarters to commemorate the event ...
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First 2025 quarter dollars available in bags and roll sets
The U.S. Mint is now selling Uncirculated examples of the first American Women quarter dollar of 2025, featuring Ida B. Wells ...
The four coins to check in your holiday change that could be worth up to £2.9million
YOUR holiday change could be hiding a windfall and an expert has revealed the four American coins that could be worth up to ...