The U.S. Treasury Department stopped producing pennies. What does this mean for collectors and the value of the penny? Here's ...
Penny production in the U.S. is grinding to a stop. More than 3 billion pennies were minted in the U.S. last year, but according to the U.S. Mint’s annual report from 2024, they’re now more expensive ...
The U.S. Treasury Department announced that it has stopped producing pennies, ending more than 230 years of minting the ...
Cash usage is declining, with many Americans viewing coins as more of a nuisance than currency. Although rare valuable pennies exist, most are worth only slightly more than their face value. Consumers ...
Americans are holding an estimated $60-$90 in coins per household. While some rare pennies are valuable, most are worth only a few cents. Consumers can exchange coins for cash at banks, credit unions, ...
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Why Your Pennies Are About to Become Worthless
Pennies now cost more to mint than they are worth, and as production ends, those tiny coins slide closer to being useless ...
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