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The US Treasury will stop putting new pennies into circulation at the beginning of 2026, it was announced on Thursday Pennies ...
After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.
“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 US Treasury will stop putting new pennies into circulation by early next year. And a few rare ones could garner millions ...
The government loses nearly three cents on every penny it mints. On a nickel, it loses nearly nine cents. More nickels would ...
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 ...
U.S. Mint plans to stop making the penny coin after Trump order. What does that mean for paying in cash? What to know before ...
In the 1990s, Australia and New Zealand stopped 1- and 2-cent penny production. Then in 2006, New Zealand stopped producing its 5-cent coin as well, per Nasdaq. Canada followed suit in 2012 ...
At a cost of nearly four cents to produce ... an estimated two-thirds of the tens or even hundreds of billions of pennies that have been produced over the years sit idle in coin jars, drawers ...
"For far too long the United States has minted pennies which literally cost us more than ... year on nearly 3.2 billion pennies, with each coin costing about four cents to produce.