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Penny production will stop in 2026, forever changing the landscape of the coin-operated world Sengbusch loves. He said he ...
The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...
A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny ...
After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end.
President Trump orders halt to penny production as minting costs exceed face value. The move could save taxpayers millions ...
The decision to halt penny production didn’t come as a surprise to those in the coin-collecting world. “I really thought we’d ...
As the U.S. Mint prepares to produce the final pennies put into circulation early next year, the future of the copper-colored ...
Got a piggy bank full of pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a ...
The U.S. Treasury Department made its last order of penny blanks last month. These 1-cent coins cost 3.7 cents to mint.
"The United States Mint will continue to manufacture pennies while an inventory of penny blanks exists," the spokesperson said. The agency did not specify how long the inventory was expected to last, ...
The department projects an immediate taxpayer saving of $56 million from halting penny production. While the penny’s demise is driven by its high production cost, the financial implications for ...
Paulina Gonzalez-Brito, chief executive officer of the San Francisco-based nonprofit Rise Economy, said the marginalized ...