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The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.
The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each ...
The agency did not specify how long the inventory was expected to last, so it's unclear exactly when pennies will no longer ...
WASHINGTON -- The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, ...
The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...
The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch ...
“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...
There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...