The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's early days, according to reports. The US Treasury made its final order of ...
U.S. Sen. Kirsten Gillibrand, D-N.Y., who helped introduce the bill, has supported the penny production stoppage, calling the one-cent coin "outdated" and "inefficient" and says it "no longer serves ...
NEW YORK (AP) — The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Coin production costs vary thanks ...
EMAIL TO NOT PERFORM ANY WORK RELATED TASKS. THE BUREAU HAS NOT COMMENTED ON THE CHANGES.### PRESIDENT TRUMP SAYS HE HAS DIRECTED THE TREASURY DEPARTMENT TO STOP MINTING NEW PENNIES. THE PRESIDENT ...
The reasons cited for the decision earlier this year to stop minting pennies after 232 years were both financial and practical. Decades of rising prices had shrunk the purchasing power of the cent to ...
Buffalo nickels are not only nostalgic coins but also potentially worth much more than five cents to rare coin collectors.
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FILE - A lone penny is illuminated in a bin of completed pennies at the U.S. Mint in Denver on Wednesday, Aug. 15, 2007. (AP Photo/David Zalubowski, File) (David Zalubowski, AP2007) Coin production ...