The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, according to t.

The Treasury Department has placed its last order for blank pennies and plans to stop minting the one-cent coins ... phase-out back in February. Canada, New Zealand and Australia have also ...

The U.S. Treasury will soon cease penny production, a change sparked by the disparity between the coin’s production cost and ...

The time of the penny is coming to a close. The U.S. Treasury Department placed its last order of blanks, flat metal discs ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth hundreds. How to find out.

The U.S. Treasury said on Thursday it is phasing out the penny and will soon stop putting new one-cent coins into circulation. The U.S. Mint, which produces the coins, made its final order of ...

The Trump administration plans to stop minting the one-cent coins early next year. Here are the potential consequences that ...

Canada, New Zealand and Australia have ... There's a big change coming to some small change. The Treasury Department says it's soon planning to stop minting pennies. The copper-colored coins ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal... No more pennies: In big change, Treasury will stop ...