The End of the Penny: US Mint to Cease Production by 2026
RichC | May 24, 2025
The U.S. penny, a staple of American currency since 1787, will no longer be minted after 2026, as announced by the Treasury Department. The decision comes as the cost of producing a penny has soared to 3.7 cents, far exceeding its face value. With 114 billion pennies in circulation, the move aims to cut losses […]