Trump’s plan to eliminate the penny follows sharp drop in U.S. coin demand at Philadelphia mint
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion coins since 2021.
The United States Mint in Philadelphia is the nation's largest mint. President Trump has proposed ending production of pennies, which cost more to produce than their face value, according to the Mint. Read moreDan Loh / AP
