The U.S. Mint ended production of the penny citing cost savings and the coin's fading relevance as its buying power-once enough for a snack or candy-has all but disappeared | Fortune
The U.S. Mint ended production of the penny citing cost savings and the coin's fading relevance as its buying power-once enough for a snack or candy-has all but disappeared | Fortune
The U.S. Treasury has placed its last order for penny blanks, signaling the gradual phasing out of the penny and anticipated annual savings of $56 million.