After more than two hundred years, the humble one-cent piece is on its way out due to production costs that significantly exceed its face value.

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The United States Mint is ready to launch the next $1 coin in its American Innovation series, honoring NASA's retired space shuttle.

The U.S. Mint took top honors in "Best Circulating Coin" at the 2025 Mint Directors Conference for the work on the Jovita Idár issue in the American Women quarter dollar series.

“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump posted on social media. “I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nations budget, even if it's a penny at a time.”

There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from circulation, which is expected to impact product pricing.

The Treasury Department placed its last order for penny blanks earlier this month, fulfilling a bipartisan, and DOGE, dream.

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. Corey O'Connor's victory is a crushing blow to Mayor Ed Gainey and his progressive backers who swept him into office four years ago as the city's first Black mayor. KDKA-TV's Andy Sheehan looks at reasons for the mayor's defeat in a race that drew national attention and money. We're just a few days away from what's usually considered a huge weekend for car sales. But with impending tariffs and low supply, should consumers wait? Boaz was live with a Memorial Day preview honoring those we should never forget. He checked out a moving tribute to Pennsylvania's fallen heroes.