U.S. Mint to press final penny as the 1-cent coin gets canceled
Costs climbed to nearly four cents per penny, so the one-cent coin will no longer be minted.
u.s. treasury
Trump says he has told U.S. Treasury to stop making pennies due to cost
The U.S. Mint says it lost $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
