So, You Want to Get Rid of the Penny. Do You Have a Plan for the Nickel?
It’s unclear exactly how high demand would be for nickels in a penny-less world, but it’s likely that it would be higher than ...
Is eliminating the penny a good idea? Other countries have already done it
President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of ...
Is Eliminating The Penny Equitable? Its Cost Taxpayers $250,000,000 Over The Past Two Years.
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
Trump’s plan to eliminate the penny follows sharp drop in U.S. coin demand at Philadelphia mint
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
The Hill25d
DOGE may target the penny: Why do we still have it anyway?
The same report suggested, however, that reducing penny production could save the Mint up to $100 million annually — that’s not even 1% of the $2 trillion Musk claimed DOGE could cut in the ...
KTLA4d
The US could ditch the penny: What happened when Canada did it?
The same report suggested, however, that reducing penny production could save the Mint up to $100 million annually. For context, that’s less than 1% of the $2 trillion Elon Musk claimed DOGE ...
Business Insider29d
DOGE takes aim at the penny
Joni Ernst of Iowa, who founded the Senate's DOGE caucus, said changing the makeup of the coin could save significant money. The price of the material to make the penny is largely to blame for its ...
MassLive29d
Check twice before spending that penny: It could be worth millions
While an average penny is worth a mere one ... valuable due to a mistake. During World War II, pennies were made of zinc-coated steel in an effort to save copper for the war, according to Yahoo ...