US newsfromBusiness Insider5 hours agoThe US minted its last penny. See how the coin evolved throughout its 232-year history.The US Mint struck its final penny on November 12, ending a 232-year circulation amid high production costs and limited practical utility.
HistoryfromFast Company1 day agoThe Penny, the most-reproduced artwork ever, is officially out of productionThe U.S. Mint stopped minting pennies; the last penny was produced in Philadelphia, but pennies remain legal tender and billions remain in circulation.
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.