US politicsfromBusiness Insider1 day agoThe penny is no more. Good riddance.The US stopped minting pennies because production costs exceed face value and pennies lack meaningful purchasing power, saving the government money.
US politicsfromwww.theguardian.com2 days agoCommon cents: US Mint to press its final pennyThe US will cease minting pennies because production costs exceed their value, saving taxpayer money but causing supply shortages and transaction challenges.
US politicsfromwww.mercurynews.com2 days agoLast penny for circulation to be minted WednesdayPhiladelphia Mint struck its last circulating penny on Nov. 12 after production ended because making pennies cost more than their one-cent value.