It costs more than a penny to mint a penny. Maybe it's time to bid farewell to the coin, according to this writer.

Sens. Mike Lee and Jeff Merkley propose eliminating penny production through the "Make Sense Not Cents Act" to save taxpayers ...

The European Union has been wrestling with the future of its 1—and 2-cent euro coins for some time. The two lowest ...

In the 1990s, Australia and New Zealand stopped 1- and 2-cent penny production. Then in 2006, New Zealand stopped producing its 5-cent coin as well, per Nasdaq. Canada followed suit in 2012 ...

A group of lawmakers, including one from Michigan, introduced legislation to end the production of pennies. This comes nearly ...