The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.
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.
Unlike living creatures or fads, coins don't become extinct due to ecological changes, predators, overexposure or boredom.
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
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