Why does a coin worth one cent cost nearly four cents to make?
For decades, the U.S. Mint has continued producing pennies despite their negative seigniorage—the cost to produce each penny exceeds its face value. This practice has persisted due to a combination of historical legislation and lobbying efforts from industries benefiting from penny production, such as those supplying the raw materials. ​wikipedia.org

In February 2025, President Donald Trump directed the Treasury to halt penny production, citing wasteful government spending. This move aims to save taxpayers millions annually and aligns the U.S. with countries like Canada, which discontinued their penny in 2012. ​
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