Axing the penny will save $58 million a year. The new tax-and-spending bill will add $3 trillion to the deficit over the next ...

After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

while on the other it says “United States of America” and features the words “One Cent” encircled by a wreath. There are only believed to be 10 of these coins in existence and this one is ...

For centuries, coins have served as more than just ... while the reverse is adorned with a laurel wreath encircling the words "One Cent." While all of the above are remarkably rare, you're ...

In a post on X, President Trump’s Department of Government Efficiency, DOGE, led by billionaire Elon Musk, took aim at the cost of minting the 1-cent ... around 40% of the 11.4 billion coins ...

The back shows an olive branch around a fasces ... The back has a laurel wreath surrounding the words “One Cent.” These coins were part of the Indian Cent series that ran from 1859 to 1909.

Only Congress has the power to do that, but what would happen if the United States got rid of the one-cent coin? The U.S. Mint ... does not make a "penny," that word comes from our British ...