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Republican lawmakers in Congress are forging ahead with President Donald Trump’s plan to end the production of pennies.
A fter 233 years in circulation, the U.S. government is finally phasing out the penny. According to a Treasury Department ...
Coin experts say people may want to hold on to some pennies, though they likely won't be valuable any time soon.
Got a piggy bank full of pennies? The small currency will soon be a thing of the past, but it could mean jobs in this Tennessee town. Here's the latest.
The American penny — or the one-cent piece if you ask a coin collector — was once a standard item of exchange in everyday ...
Long before there was a U.S. Mint or the idea of a revolution began to simmer, British pounds, German thalers, Spanish milled dollars, and even some coins produced by individual colonies were the ...
Paul Hollis, a Louisiana politician and executive at a Houston coin and collectibles company, first fell in love with coins ...
The U.S. Mint will stop producing pennies once current blanks run out. Penny production costs nearly 4 cents per coin, up 20% in 2024. Treasury projects $56 million in annual savings from the halt.
The penny’s demise would leave the nickel as the smallest physical token of wealth transfer. One might then expect many prices to be rounded up to the next five-cent increment.
This coin isn’t pulling its weight. It now costs more than a dime to mint a nickel, prompting Congressional action from lawmakers who say the boondoggle epitomizes wasteful spending in Washington.
The coin, set for release July 29, pays tribute to Texas’ leadership in guiding astronauts as they advance America’s journey ...