What the Demise of the Lowly Penny Really Means

What the Demise of the Lowly Penny Really Means

The new administration announced that the U.S. Mint will stop producing the penny coin. The penny, a mainstay piece of American currency, costs too much to produce. Treasury officials say it takes 3.7 cents to make the copper-coated coin. Thus, the nickel will eventually become the lowest denomination to make change. Order Today: Return to … Read more