A 2024 report from the U.S. Mint said it costs about 3.69 cents to make a penny. It said the cost to make pennies and nickels have been more than face value for the past 19 years.

What to know to make heads or tails of the change. Bonnie Bolden. ... It costs more to produce a penny than it is worth. The average household has between $60 and $90 in coins at home.

The current penny features Abraham Lincoln on its “head” side. It was placed there in 1909, on his 100th birthday. Victor David Brenner, a Lithuanian sculptor and engraver who came to the U.S ...

President Trump’s decision will save taxpayers money: The penny cost about 2 cents to make in 2007, and costs nearly 4 cents today. But the death of the penny says something unfortunate about ...