News

There's a marketplace for coin enthusiasts to buy and sell rare coins, where you could make some decent money if you find one ...
Learn to love your coins. That’s the message from Kevin McColly, CEO of Coinstar, the company behind those coin-cashing machines you see in supermarkets. American consumers made only 16% of ...
The U.S. Treasury will soon cease penny production, a change sparked by the disparity between the coin’s production cost and monetary value. While pennies can still be used as currency, the halt has ...
The US is discontinuing pennies. Here's what you should know about the coin. Maya Bell. ... New Zealand has stopped minting its one-cent, two-cent and five-cent coins, Govmint said.
As with just about any asset, a coin's value is determined by its market demand. This means that coins in short supply often see higher demand -- and higher values. With coins, supplies are limited ...
Some of the rarest and most valuable coins in U.S. history owe their worth to minting errors that slipped through unnoticed. Coins like the 1943 Copper Penny, struck in copper instead of wartime ...
There are around 240 billion pennies in circulation in the U.S. currently, so the chances of any given penny being one of these valuable coins is around 1 in 8.8 billion. That's a lot of smashed ...
The US Department of the Treasury will officially be phasing out the penny from circulation once the current stock of blanks for minting is used up. Brad Smith reports more on this news. To watch ...
The U.S. Mint has produced the penny for 233 years − it was one of the first coins made after the agency was established in 1792, ... What comes next as US officially ends penny production.
The penny costs nearly 4 cents to make. Here’s how much the US spends on minting its other coins The penny isn’t the only coin entering our wallets today that costs more to make than it’s ...
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 ...
How much it takes US to mint one penny coin? Each penny costs nearly 4 cents — or $0.0369, to be exact — for the US Mint to make and distribute, according to the 2024 annual report by the US Mint.