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Most pennies today have little value, but those from the early American colonies can sell for thousands of dollars. In 2010, ...

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Get ready to say goodbye to the humble penny! Starting in early 2026, the familiar one-cent coin is slated to be phased out, marking a significant shift in everyday transactions. This decision, driven ...

This version featured a flying eagle on one side and a wreath on the other. In 1909, to mark the 100th anniversary of Abraham Lincoln’s birth, his likeness was added to the penny, making it the ...

But older pennies are worth their weight in copper. Pennies made before 1982 are worth about 3 cents a piece. Although you can sell them to a coin shop, you can’t melt them down.

UPDATED: May 22, 2025 at 3:42 PM EDT The U.S. Mint Thursday said it has ordered the last batch of pennies after President Trump ordered the elimination of the little-loved one-cent coin.

The one-cent coin currently costs the government 3.69 cents to make. Halting penny production is expected to save taxpayers $56 million annually.

The penny was one of the US Mint's first coins produced when it was authorized by the Coinage Act of 1792. Early designs featured a woman with flowing hair, symbolizing liberty. The coin's size, ...

The Mint, which has made the coin since 1793, lost $85.3mn last year on producing the penny after unit costs rose by 20.2 per cent owing to the price of copper and zinc rising.