Mint orders last batch of pennies
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Treasury Department set to halt penny production
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The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing strategies and cash transactions. Why it matters: It'll be harder to make sense out of cents and get exact change after the one-cent coin's upcoming demise.
The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next year. Afterward, things that cost a penny must “round up” or “round down” to a nickel.
Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth hundreds; here's how to find out.
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
Everything is making less cents. 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 — marking the beginning of the end ...
The federal agency placed its final order for penny blanks this month, with the United States Mint slated to end manufacturing of the penny when that runs out, a Treasury official told CBS MoneyWatch.
The U.S. Mint took top honors in "Best Circulating Coin" at the 2025 Mint Directors Conference for the work on the Jovita Idár issue in the American Women quarter dollar series.
“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump posted on social media. “I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nations budget, even if it's a penny at a time.”