The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.
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 ...
Not all old coins or dollar bills are unique ... store are actually worth more than face value,” wrote Seth Gold, vice president at American Jewelry and Loan in Detroit, in an email.
The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...
Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to ...
President Trump has ordered the Treasury Department to halt the production of pennies. He argues that this is because copper coins are costly and no longer necessary. The ...