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The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin, a Treasury Department official ...
The U.S. Treasury Department will stop making new pennies, according to a statement on Thursday. The Wall Street Journal ...
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Benzinga on MSNU.S. Mint to End Penny Production Under Trump’s Cost-Cutting DirectiveThe U.S. Treasury Department confirmed Thursday it will phase out production of the penny, fulfilling Trump’s directive to ...
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
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 ...
The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch ...
The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year.
The U.S. Mint on Thursday said it has ordered the last batch of pennies after President Donald Trump ordered the elimination ...
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