The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald ...
January 26, 2025 - WASHINGTON – The United States Mint (Mint) will begin accepting orders for products containing the 2025 Native American $1 Coin on January 28 at noon EST. Authorized by Public Law ...
The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.
With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention.
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).