The penny’s demise would leave the nickel as the smallest physical token of wealth transfer. One might then expect many ...

Trump announced on Feb. 9 that he had told the Treasury Department to stop producing new pennies ... But there’s no evidence the Mint ever claimed to have stopped penny production in April ...

Trump thinks pennies are a bad deal and unnecessary. But to a group of businesses that rely on them, the penny is precious.

Whether or not the penny will actually go away is yet to be seen, but there’s still time to begin a coin collection.

Could the penny jar in your home prove to be a gold mine now that President Donald Trump has ordered the Treasury Department ...

The Royal Canadian Mint removed at least 6 billion pennies ... However, the end of penny production can bring new interest and collectors into a hobby that Aminov says could be a good thing.

U.S. Mint profit per penny made Source: U.S. Mint annual reports ... their laws to accommodate cash purchases. Stores would need new rounding policies for purchases made in cash.

According to the latest annual report from the U.S. Mint, each penny costs 3.7 cents to make, including 3 cents for production costs, and 0.7 cents per coin for administrative and distribution costs.

The U.S. penny, first minted in 1793, has undergone many design ... due to rising inflation and production costs. Sweden and New Zealand also ceased producing their one-cent coins.