Treasurer of the United States Brandon Beach holds the last penny stamped at the US Mint on November 12 in Philadelphia. (CNN) — The American penny is history. The nickel might be next. The last ...
President Donald Trump has blasted the penny as “so wasteful,” citing its production cost (3). In fiscal 2024, each penny ...
EMAIL TO NOT PERFORM ANY WORK RELATED TASKS. THE BUREAU HAS NOT COMMENTED ON THE CHANGES.### PRESIDENT TRUMP SAYS HE HAS DIRECTED THE TREASURY DEPARTMENT TO STOP MINTING NEW PENNIES. THE PRESIDENT ...
Nickels are 75% copper and 25% nickel, while pennies — despite their reputation as a copper coin — are copper-plated zinc, meaning they are 97.5% zinc and only 2.5% copper. While metal prices can be ...