Should you cash in your pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a ...

You might think the end of penny production would make the coins rare and valuable, but not so fast, warned John Haas, owner ...

If you indeed have that year, you may want to consult a coin expert to determine the value of the penny. Other valuable coins include the 1944-S Steel Wheat Penny, estimated to be worth $1.1 million.

With the U.S. Mint losing millions annually on penny production and cash transactions declining, the decision to eliminate the one-cent coin raises questions about economic impact, job losses, and ...

HIGHLAND TWP. - After more than 200 years, the U.S. Mint will soon stop making pennies. Hometown Life turned to local coin collectors to make it all make cents. Chuck Sharpe, founder of the Huron ...

In its 2024 annual report, the U.S. Mint said that producing each penny cost 3.69 cents last year. Notably, the cost of minting nickels also exceeded the coin’s face value, at 13.78 cents each.

That means each penny costs 370% of its face value, compared to 276% for each nickel. And because the U.S. Mint produces roughly four times more pennies than nickels each year, the total budget ...