As the U.S. Treasury phases out the use of the penny, it’s creating a host of new challenges for businesses and consumers that could cost all of us a good chunk of change. That’s because eliminating ...
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 ...
Alas, dear penny, you served us well. We picked you up, you gave us luck. We gave you to others in exchange for their thoughts. And remember when we pondered whether dropping you from the Empire State ...
The American penny is history. The nickel might be next. The last pennies were pressed at the US Mint in Philadelphia on Wednesday, a victim of production costs higher than their worth coupled with ...
Another possible repercussion of the penny's passing? Some colorful colloquialisms making use of the word "penny" might not make any cents – I mean sense – in the near future. These days, phrases and ...
KNOWLTON, Quebec — Louise Penny was eager to show me an important book — the one she said is at the core of her wildly successful Armand Gamache mystery series — but she couldn’t find it. The floor-to ...
The U.S. Department of the Treasury has ceased production of the penny after 232 years. Despite production ending, an estimated 250 billion pennies remain in circulation. The U.S. Department of the ...
It's official: The penny is on its way out. After 232 years, they’re cancelling it, literally. It matters little that they cost three times as much to mint, or that few of us still keep single cents ...
Gina Young is an accomplished finance writer who has written for publications including SuperMoney, Examiner, Lexington Law, Talk Markets, and CreditRepair.com. Throughout her career in finance, Gina ...
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 dies used to press the last pennies on display at the US Mint on November 12, 2025 in Philadelphia. These last pennies bear a special 'Omega' and will not be put in circulation, but will be ...
Although penny production has concluded, the 1-cent coin will "retain its value indefinitely" Jordana Comiter is an Associate Editor on the Evergreen team at PEOPLE. She has been working at PEOPLE ...
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