US Plans to End Penny

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penny, Treasury Department and phase out production

US Treasury unveils plan to end production of penny coin

China is willing to work with Indonesia to strengthen cooperation, further consolidate the framework of independent collaboration, jointly address risks and challenges, and promote common development,...

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Change is coming for the penny as Treasury Department makes final order of coin blanks

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The penny is going away as the U.S. treasury department announces its plan to phase out circulation

So what happens to America’s 114 billion pennies once the US stops making them?

The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been minting for more than 230 years.

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See a penny, pick it up? In the future, probably not as often — and, some say, that matters

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What could happen if US Treasury phases out pennies?

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A nickel for your thoughts? US Mint’s plans to kill the penny inch closer to reality

By stopping the one-cent coin’s production, one official says the Treasury expects an immediate annual savings of $56 million in reduced material costs.

What's next for the penny? The details on US decision to end penny production

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

RTHK News2d

US Mint to end 1-cent coin production

The US Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official

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US Treasury unveils its plan to end penny production

“For far too long the United States has minted pennies which literally cost us ... plans for nickel production. It did estimate an immediate savings to taxpayers of $56 million from the halt of ...