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Americans are holding an estimated $60-$90 in coins per household. While some rare pennies are valuable, most are worth only a few cents. Consumers can exchange coins for cash at banks ...
Cash usage is declining, with many Americans viewing coins as more of a nuisance than currency. Although rare valuable pennies exist, most are worth only slightly more than their face value.
The Treasury just placed its final order of penny blanks, all of which are expected to be minted by early 2026. Eliminating the penny has been a bipartisan issue for years, as each coin costs ...
The Trump administration hopes to save big bucks by phasing out the penny. The Treasury Department has placed its last order for blank pennies and plans to stop minting the one-cent coins as soon ...
The American penny isn’t going anywhere anytime soon. The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been minting for ...
The U.S. Mint will cease penny production in May 2025 as a cost-cutting measure ordered by President Trump, and it won't circulate new pennies starting in 2026. Pennies will remain legal tender ...
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