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The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...
The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each ...
Could it now cost you a nickel? If you want to call somebody stingy, would you say they're a quarter-pincher? And if they ...
The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...
The federal government made its final order of penny blanks this month — marking the first step to end the production of the ...
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
After more than 200 years, we bid farewell to our small-denominated currency that grew to become a symbol of thriftiness and ...
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
“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 ...
By stopping the one-cent coin’s production, one official says the Treasury expects an immediate annual savings of $56 million ...
It may be time to start collecting pennies.