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Pennies will continue to be in circulation and can be used, deposited or kept indefinitely. There just won't be as many.
The Trump administration has announced plans to discontinue minting new pennies, citing the cost of producing the 1- cent coins in relation to their value and importance in the U.S. currency ...
These coins have stalks of wheat encircling the "One Cent" text on the back of the coin. The wheat was eventually phased out and replaced with an engraving of the Lincoln Memorial, USA TODAY reported.
The federal government made its final order of penny blanks in May 2025 — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.
The federal government made its final order of penny blanks in May 2025 — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.
The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one-cent coins.
It will soon be time to say goodbye — at least in part — to the penny. The U.S. Treasury Department announced it will phase out production of the 1-cent coin beginning in early 2026 to comply ...
Benjamin Franklin made a one-cent coin in 1787 that said "Mind your business" on it, and the new U.S. Mint followed in 1793 with the first official national coins.
Goodbye, pennies … hello, cash! If you have any of these pennies in your coin jars, here's exactly what you need to do.
The department made its final order of penny blanks earlier this month, and the U.S. Mint will continue to manufacture the 1-cent coins until the inventory blanks are used up, the Journal reports.
Farewell to the Penny: US Treasury Ends Production of One Cent Coin After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.
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