Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

A Rockford coin collector says his penny sales have increased tenfold since President Trump first directed the Treasury Department to stop producing the penny earlier this year.

The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.

The U.S. Treasury Department confirmed last week that penny production will cease in early 2026, and while cashless payment methods become increasingly common, there's one niche attraction that still

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.