The government loses nearly three cents on every penny it mints. On a nickel, it loses nearly nine cents. More nickels would mean steeper losses. America could kill both the penny and the nickel, the ...

Did you ever sift through a jar of old change, wondering if any of those forgotten coins hold hidden value? If you have coins ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at ...

Canada started phasing out its penny a dozen years ago and urged store owners to round prices to the nearest nickel for cash transactions. Electronic purchases were still billed to the nearest cent.

More nickels would mean steeper losses. America could kill both the penny and the nickel, the two money-losers on its roster of coins. But without pennies or nickels, how would a consumer pay a 15 ...

Pennies will still be legal tender, but cash prices will soon be rounded up or down to the nearest nickel. Pennies were among the first coins introduced by the U.S. Mint, a bureau of the Treasury ...

The Department of the Treasury is exploring ways to reduce the cost of producing nickels, which cost a pretty penny, ahead of the possible elimination of the iconic Lincoln-faced 1-cent coin.

As it turns out, nixing the penny creates new problems. If America rids itself of pennies, the Times reported, the nation will soon find itself flooded with nickels. The government loses nearly three ...