The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's early days, according to reports. The US Treasury made its final order ...

The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one-cent coins.

Australia ended production of its 1 and 2 cent coins in 1992, and Canada followed suit by phasing out its penny in 2012. New Zealand eliminated its 1 and 2 cent coins in 1990 and later ...

These coins have stalks of wheat encircling the "One Cent" text on the back of the coin. The wheat was eventually phased out and replaced with an engraving of the Lincoln Memorial, USA TODAY reported.

The penny was one of the first coins made by the US Mint after its establishment in 1792. In total, America's coin manufacturer said it shipped more than 3.17 billion pennies throughout its 2024 ...

With the U.S. Mint losing millions annually on penny production and cash transactions declining, the decision to eliminate the one-cent coin raises questions about economic impact, job losses, and ...

The United States Treasury has put in its final order of pennies, and production is expected to end early next ... 2012 and Australia stopping minting one- and two-cent coins in 1992, according ...

The Trump administration will begin taking the penny out of circulation after more than 230 years in existence. The US Treasury confirmed the decision on Thursday to stop ordering the coin, one of ...

The U.S. Mint won’t make any more pennies after early 2026. With at least 114 billion pennies still in circulation, will ...

The Treasury Department said it will stop production of the penny, marking the beginning of the end for the one-cent coin, which has cost taxpayers millions.

Without a one-cent coin, cash transactions had to change. Cash purchases are now rounded to the nearest nickel: For instance, a $19.82 purchase becomes $19.80 while $19.83 becomes $19.85.