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Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using pennies at its overseas bases in 1980 because it became too expensive to ship them.

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Change is coming for the penny as Treasury Department makes final order of the coin

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Treasury Department to halt penny production after centuries in circulation

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Stop making cents: US Mint moves forward with plans to kill the penny

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

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The U.S. Treasury is ending penny production. Here's what to know:

After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall ...

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End of the Penny Grows Near

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

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