Goodbye, Penny: What the End of the Coin’s Production Means for Customers and Businesses

The penny has died. At the age of 232, the iconic coin’s final batch was minted in Philadelphia on Wednesday. But while the copper-plated-zinc currency is dead, it is not yet gone: the estimated 250 ...

U.S. coin production is surging: Here’s why

The U.S. Mint’s coin production significantly increased in January. December’s coinage was 279.2 million, while January’s ...
Yahoo

What should you do with your old pennies now that production of the coin is ending?

The U.S. Treasury Department announced that it has stopped producing pennies, ending more than 230 years of minting the 1-cent coin. The penny will remain legal tender and will still be accepted at ...
New Orleans City Business

Feeling the effects of the penny shortage? The Fed has a plan

Have you tried paying with cash recently and noticed a sign asking for exact change? You wouldn’t be the only one, and it could be because of the penny shortage the United States is going through ...
KOMU

Makes 'cents': Local coin specialists react to end of penny production

COLUMBIA — Local business owners and customers are weighing in on the U.S. Treasury Department's final order of penny blanks, following President Donald Trump's February suggestion to stop producing ...
New Orleans City Business

Banks and retailers run short on pennies as the US Mint stops making them

U.S. stopped penny production, causing shortages in banks and stores. Retailers forced to round down cash transactions, costing millions. Lack of guidance from federal government exacerbates ...
Virginia Business

US Mint in Philadelphia presses final pennies as the 1-cent coin gets canceled

PHILADELPHIA (AP) — The U.S. Mint on Wednesday ended production of the penny, a change made to save money and because the 1-cent coin that could once buy a snack or a piece of candy had become ...
Hosted on MSN

McDonald's updates cash policy as pennies fade away

S. Mint produced its final penny on November 12, ending the coin's 232-year run. It's honestly hard to wrap your head around the fact that such an iconic piece of currency has reached the end of ...
NOLA.com

US Mint presses its last pennies as production of the coin comes to an end

PHILADELPHIA (AP) — The U.S. Mint on Wednesday ended production of the penny, a change made to save money and because the 1-cent coin that could once buy a snack or a piece of candy had become ...
KTVU

US Treasury’s last five minted pennies may spark multimillion-dollar bidding war

Treasury Secretary Scott Bessent struck the final five pennies on Wednesday — each bearing a rare omega mark — ending U.S. penny production and creating collectors' items that could fetch millions at ...
Scared Of on MSN

Why 1982 copper pennies are quietly gaining value - and sparking coin-collector frenzy

Most people toss pennies into jars, forget them in couch cushions, or leave them on gas station counters without a second ...