pennies

The U.S. Mint has halted production of the circulating penny after the Treasury Department concluded new one-cent coins are no longer needed, even as existing pennies remain legal tender and will stay in use for years. Rising Production Costs Push Penny Off Line "The Secretary of the Treasury has...

The U.S. Treasury will strike its last penny early next year, ending a 233-year production run, yet the copper-colored coin will keep rattling in cash drawers for years as retailers gradually round transactions to the nearest nickel. What Happened: There are about 114 billion pennies in circulation...

In a landmark decision, the U.S. Treasury Department has declared that the production of pennies will be discontinued from next year, bringing to a close two centuries of circulation. What Happened:  The call to halt the minting of pennies was taken by President Donald Trump earlier this year, who...

Chances are you know someone with a change jar in their house, a place to put all the spare change and save it until the jar gets full or for a special event. Oftentimes, people have a penny jar, collecting one-cent coins over years and then cashing them in at the bank. A Los Angeles home took...