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The United States Treasury has put in its final order of pennies, and production is expected to end early next year. Here's what you should know.
Item 1 of 2 One-cent U.S. coins known ... The Treasury's penny phase-out plan was first ... There are around 114 billion pennies currently in circulation in the U.S., according to the Treasury.
First issued in 1793, the penny is one of the oldest coins produced by the U.S. Mint, which itself was established just a year earlier. The original coin was larger than the currrent one , and ...
The federal government made its final order of penny blanks this month − the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.
WASHINGTON -- The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been ...
The cost of producing the penny has risen from 1.3 cents per coin to 3.69 cents over the past 10 years, according to the Treasury. It said stopping production will lead to immediate annual savings ...
The Treasury Department said in a statement that the U.S. Mint, which it oversees, will stop producing new pennies once it runs out of blank templates used to make the mostly copper and zinc coins.
The Treasury Department said in a statement that the U.S. Mint, which it oversees, will stop producing new pennies once it runs out of blank templates used to make the mostly copper and zinc coins.
The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part of the ...
The Treasury Department said in a statement that the U.S. Mint, which it oversees, will stop producing new pennies once it runs out of blank templates used to make the mostly copper and zinc coins.
The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part of the ...