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The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
An immediate annual saving of $56 million in reduced material costs is expected by stopping penny production, according to a ...
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Amazon S3 on MSNU.S. Mint to End Penny Production Under Trump’s Cost-Cutting DirectiveThe U.S. Treasury Department confirmed Thursday it will phase out production of the penny, fulfilling Trump’s directive to ...
The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year.
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Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel.
The United States Mint is ready to launch the next $1 coin in its American Innovation series, honoring NASA's space shuttle. The mint on Thursday (May 15) will open sales for the golden coins ...
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