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Critics have argued for years that the penny was becoming irrelevant and unaffordable and should be put out of its misery.
The US Treasury made its final order of penny blanks and will stop distributing the one-cent coins by early 2026, the Wall Street Journal reported on Thursday, May 22. A Treasury spokesperson ...
These are not the familiar Benjamins or Jacksons (Benjamin Franklin is who ... blanks used to print the coins in May 2025. While not used nearly as frequently as $1 or $5 bills, the $2 bill ...
The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one-cent coins.
The U.S. Mint Thursday said it has ordered the last batch of pennies after President Trump ordered the elimination of the little-loved one-cent coin. With the cost of producing a single penny ...
This comes after the Trump administration announced in February that it would halt the production of the one-cent coins, a move that’s estimated to save the government $56 million. With 114 ...
New Zealand removed its one and two cent coins from circulation in 1990, while Australia followed suit in 1992.
Dump those coin jars out on the table and see what you've got, as production of the penny is ending in the U.S. and you may ...
The U.S. Treasury has officially made its last order of blank pennies, marking the beginning of the end for the one-cent coin, which has been in circulation for over two centuries. “[T]he United ...
After nearly two centuries, the U.S. government is ending the production of the penny. The U.S. penny discontinuation means that, in time, these coins that you grew up with will no longer be in ...
That's notably less pennies than it sent the year prior (when nearly 4.14 billion 1-cent pieces went out) — but circulating shipment for all coins was down about 44% overall. The Mint often ...