President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...

“For far too long the United States has minted pennies which literally ... introduced a law in 1990 that would have eliminated pennies from all transactions, instead rounding costs to the ...

The president isn't the first person to call for an end to the penny, and this issue is deeper than wasteful spending.

Before the penny, for 64 years, Americans had the half-penny. But like the half-penny, the 1-cent coin has now outlived its usefulness.