For 232 years, the U.S. penny has been both celebrated and ignored, capturing the fascination of collectors and investors but tossed out of sight by almost anyone else. Now, a presidential directive ...

The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...

The 1-cent coin has gone the way of the VHS player. The United States produced its last penny on Nov. 12 after nearly 240 years in circulation as the cost to produce the coin outpaced its value. At ...

The cost of making a penny has risen to more than twice the coin's face value. The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald ...