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The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, according to t.
The U.S. Treasury will soon cease penny production, a change sparked by the disparity between the coin’s production cost and ...
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
As the end of penny production nears, owners of Rhode Island small businesses are unsure how to maneuver rounding prices and ...
With the penny going away after 2025, will the last edition of the coin have more value than typical pennies? Questions ...
A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny blanks, flat metal discs that become coins. The United States Mint will ...
After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.
"Confirming the WSJ story, the Treasury has made its final order of penny blanks this month and the United States Mint will ...
The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U.S. government. The federal agency placed its final order for penny ...
The penny will soon be a thing of the past. The U.S. Treasury will soon stop minting the coin in early 2026. The decision ...
The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...
The U.S. government is phasing out production of the penny, which has been in circulation for centuries, in a cost-cutting move that is projected to save $56 million each year. The Treasury made ...
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