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Here's how much the US spends on minting its coins and cash
Here's a rundown of U.S. Mint production costs from the government's latest fiscal year. Each penny costs nearly 4 cents — or $0.0369, to be exact — for the U.S. Mint to make and distribute. Stories ...
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What killing penny coins means for you and how it will change shopping
The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing ...
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See a penny, pick it up? In the future, probably not as often — and, some say, that matters
While there will still be over a billion pennies in circulation, no new cents will be joining their ranks for the first time ...
End of pennies in US: It costs 4 cents to make a coin — here's how much money it will save and what happens next
The US Treasury Department says it will phase out production of new pennies early next year. It said that the cost of making ...
With the penny going away, what should you do with the ones in your coin jar?
Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...
US to halt penny production: Will it remain legal tender?
The US Treasury may soon halt the production of the US penny at their national mints, according to a recent announcement. The lowest value coin of the United States would eventually be phased out by ...
US Mint has made its final order of penny blanks, will stop producing the coin when those run out
Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel.