The U.S. Treasury Department halted production of the penny on Nov. 12, ending more than 230 years of minting the nation’s smallest denomination and signalling the copper-colored coin’s gradual exit ...
The demand for pennies seems to be growing. Now, the U.S. Mint stopped making pennies businesses are starting to feel the impacts. You may have seen signs at local stores talking about new ways to ...
The U.S. has officially stopped producing pennies because they cost more to manufacture than their one-cent value. While production has ceased, pennies remain legal tender and are still accepted as ...
The last minted pennies are about to be auctioned off and signs are the coins will bring – excuse the expression – a pretty penny. The U.S. Mint last month announced the auction, to be held Thursday, ...
The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...