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Pennies are going away. Here's where to take your coin jar to cash them out in Florida
Pennies will still be legal tender, but cash prices will soon be rounded up or down to the nearest nickel (which cost even more to produce relative to their value than pennies). There are about 114 billion pennies in circulation, according to the Federal Reserve. Many Americans may never notice the loss.
President Donald Trump directed the Treasury Department to stop producing pennies beginning in early 2026. Why? The penny ...
The cost of making both coins has increased over the past two decades. Some of that is attributed to the rise in raw material prices of copper, nickel and zinc. Higher metal prices result in ...
That represents nearly two-thirds of the 50 cent piece's buying ... U.S. Mint said it shipped 52 million half-dollar coins in its 2024 fiscal year, up from 18 million coins shipped in the 2023 ...
Australia also got rid of its penny, and New Zealand got rid of its one-, two-, and five-cent coins. Also, the U.S. got rid its half-cent coin back in 1857. The zinc industry isn’t much of a ...
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin, a Treasury Department official ...
Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth a lot.
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