Is there an organization anywhere still in business that produces a product costing over two times what it sells for? You bet ...
Canada did away with its one-cent coin more than a decade ago. It could offer insight into what the U.S. may be on the verge ...
In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...
Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
From Buffalo nickels that cost a dollar to a penny that cost nearly $60,000, the Memphis Coin Club’s annual show had it all.
In other words, the penny has lost 90% of its purchasing power. This devaluation is a failure of a runaway government that ...
Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...
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 today. And, given their expense, it’s possible those costs could ...
New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
Right now it costs nearly four cents to make one penny. The U.S. Mint said it lost over $85 million last year on the billions ...
Languages: English. You can get in touch with Hugh by emailing [email protected] Donald Trump's decision to halt the minting of new one-cent coins may drive up the value of rare in ...