The penny, officially known as the cent, is a coin in the United States representing one-hundredth of a dollar. It has been the lowest face-value physical unit of U.S. currency since the abolition of the half …

It costs 3.69 cents to make a penny, whose value is just one cent, according to the U.S. Mint’s fiscal 2024 report. Last year alone, the penny’s production resulted in a loss of $85 million for...

Nov 12, 2025 · Change is coming to how we make change, thanks to the impending demise of the penny. President Donald Trump ordered the Treasury Department, back in February, to stop minting …

Jan 7, 2026 · The penny was one of the first coins produced by the U.S. Mint, authorized under the Coinage Act of 1792. Original design: A large copper coin featuring a woman with flowing hair …

Dec 23, 2025 · Yes, the penny will retain its full monetary value indefinitely. It will continue to be recognized as legal tender, allowing consumers to use pennies for cash transactions at businesses …

Penny values range from $0.01 face value to over $2,350,000 for the rarest specimens. Most Valuable: 1793 Chain Cent (Periods) — $2,350,000 Total Series: 12 distinct design eras (1793–2026) Key …

Nov 13, 2025 · But while the copper-plated-zinc currency is dead, it is not yet gone: the estimated 250 billion pennies already in circulation will persist as legal tender, leaving customers and businesses to...

6 days ago · Learn what’s expected for the 2026 US penny, including release timing, design changes, and whether penny production will end.

Without the penny, businesses would need to round cash transactions to the nearest 5 cents, potentially increasing the cost of a given consumption basket for U.S. consumers. In this article, we quantify this …

Jun 8, 2025 · With the penny going away after 2025, will the last edition of the coin have more value than typical pennies? Questions remain regarding the coin.