#coin-production-costs

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US politics
fromwww.mediaite.com
2 weeks ago

Pennies Are Trash Now': Reporter Shocked to Discover There Is No Plan' Now That Feds Stopped Minting One-Cent Coins

The U.S. Mint stopped producing pennies because production costs exceed face value, creating logistical, legal, and policy challenges without a clear national phase-out plan.
US politics
fromBusiness Insider
3 weeks ago

The 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 politics
fromwww.theguardian.com
3 weeks ago

Common cents: US Mint to press its final penny

The US will cease minting pennies because production costs exceed their value, saving taxpayer money but causing supply shortages and transaction challenges.
US politics
fromwww.mercurynews.com
3 weeks ago

Last penny for circulation to be minted Wednesday

Philadelphia Mint struck its last circulating penny on Nov. 12 after production ended because making pennies cost more than their one-cent value.
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