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The release date for the limited-edition Reverse Proof 2025-W American Eagle palladium $25 coin is set by the U.S. Mint as ...
Then there was the COINS Act in 2017, introduced by the late GOP Sen. John McCain, which called for halting the production of pennies for a 10-year period and replacing the $1 bill with a coin.
But the U.S. won’t be the first country to discontinue the penny, as New Zealand stopped producing their one-cent coins in 1990, followed by Australia in 1992 and Canada in 2012.
According to the U.S. Treasury Department, the cost of producing a single penny has more than doubled in the past 10 years, from 1.3 cents to 3.69 cents in 2024.
Money Trump Puts the Penny on Notice: The Fuss Over Our 1-Cent Coin The president isn't the first person to call for an end to the penny, and this issue is deeper than wasteful spending.
This version featured a flying eagle on one side and a wreath on the other. In 1909, to mark the 100th anniversary of Abraham Lincoln’s birth, his likeness was added to the penny, making it the ...
WASHINGTON, D.C., June 06, 2025 (GLOBE NEWSWIRE) -- The United States Mint (Mint) will begin pre-sale for the 250th Anniversary United States Army American Eagle One Ounce Silver Proof Coin on ...
Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...
According to the U.S. Treasury Department, the cost of producing a single penny has more than doubled in the past 10 years, from 1.3 cents to 3.69 cents in 2024.