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Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
The U.S. Treasury will stop minting pennies next year after 233 years. Retailers can still accept them, but will have to ...
A change for your change. The U.S. Treasury Department says it's phasing out production of the penny, and it will soon stop putting new one-cent coins into circulation. One of the primary reasons for ...
The U.S. Treasury Department confirmed last week that penny production will cease in early 2026, and while cashless payment ...
CURRENCY SPECIFICATIONS The U.S. Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the department said in a statement Thursday.
The U.S. Treasury Department announced May 22 its decision to phase out the production of the one-cent coin, with no new ...
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