#us-penny

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fromwww.npr.org
2 weeks ago

Farewell, fair penny. You are finished, but never forgotten

Like nearly all Americans, you descended from an immigrant, the British penny. Those coins were once so valuable that they were split into halves and even quarters your late British cousins, the halfpenny and the farthing. In Britain, the coin's history goes back to the time when kings and queens had names like Offa and Cynethryth and Aethelred the Unready, and your name likely traces its lineage from the German for pan pfanne, for pan, which evolved to pfennig, for penny.
History
US news
fromBusiness Insider
2 weeks ago

The 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.
History
fromFast Company
3 weeks ago

The Penny, the most-reproduced artwork ever, is officially out of production

The U.S. Mint stopped minting pennies; the last penny was produced in Philadelphia, but pennies remain legal tender and billions remain in circulation.
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.
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