#coin-production

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US politics
fromBusiness Insider
6 months ago

The US penny is officially dead

The US Mint produced the final penny, ending its 232-year run and saving about $56 million annually because each penny cost nearly $0.04 to make.
US politics
fromABC7 Los Angeles
6 months ago

Banks and retailers run short on pennies as the US Mint stops making them

Stopping penny production has caused nationwide penny shortages, forcing banks and retailers to ration change and prompting costly rounding and operational disruptions.
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