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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.
The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...
The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each ...
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.
The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...
The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump ...
The decision follows President Trump’s announcement in February ... it remains the most widely printed coin in the US. The Mint reported making 3.2 billion of them just last year — more ...
“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...
The agency announced the move just months after Trump criticized production of the coin in February as being ... a bin prior to stamping at the United States Mint in Denver, Colorado, Oct ...