The U.S. Treasury Department announced that it has stopped producing pennies, ending more than 230 years of minting the 1-cent coin.

“While general production concludes today, the penny’s legacy lives on,” Kristie McNally, Acting Mint Director, said in the ...

Cash usage is declining, with many Americans viewing coins as more of a nuisance than currency. Although rare valuable pennies exist, most are worth only slightly more than their face value. Consumers ...

President Donald Trump has ordered the U.S. Treasury in May to stop minting pennies because their production cost exceeds their face value, but that doesn't mean you can't still use the U.S. currency.

Even though the U.S. Mint has quit making pennies, they remain legal to use. And you can still get them or deposit them at the bank.