President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

Back in 1857, Congress discontinued the half-cent and made the penny smaller to ... First penny in U.S. went into circulation March 1, 1793. According to the U.S. Mint, the first pennies were ...

Back in 1857, Congress discontinued the half-cent and made the penny smaller to ... the first pennies were put into distribution in 1793 — 11,178 of them — and were made of pure copper.