His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to ...
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Cease production of the penny, let collectors gobble up what’s left of the 1 cent coin, and there will still be one eternally ...
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make ...
President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the ...
There's no evidence the Mint ever claimed to have stopped penny production in April 2023. Its own data shows billions have been minted since then.
President Donald Trump announced plans to instruct the Treasury Department to cease minting pennies, potentially ending the coin's 233-year history. The decisio ...
Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
"For far too long the United States has minted pennies, which literally cost us more than 2 cents," Trump wrote in a post to ...
When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
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