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The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...
The federal government made its final order of penny blanks this month — marking the first step to end the production of the ...
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
The Treasury Department said Thursday it’s planning to end production of the penny in an effort to phase out one of the ...
The Treasury Department will begin phasing out the penny early next year, ending a run for a mainstay piece of American ...
After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall ...
The Treasury just placed its final order of penny blanks, all of which are expected to be minted by early 2026. Eliminating ...
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...
The Washington Post reported that the Treasury placed its final order for blanks this month with expectations that it will ...
The American penny will begin its slow fade into non-existence as the government plans stop making the U.S. currency next year.
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.