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While there will still be over a billion already existing pennies in circulation, no new cents will join their ranks for the first time in more than two centuries.
Despite childhood nostalgia associated with the coin, Rok, 70, said he agreed with Trump’s assessment that the penny simply costs too much. Many others agreed with him. USA TODAY spoke with ...
It costs more than 3 cents to make a 1-cent coin, and now the United States Treasury is finally doing something about it.
I never found one, sadly. But I have a slight nostalgia for that activity. Molly: I have a less intense version of attachment to the penny, similar to what I have for good old-fashioned books ...
The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...
Other people summarized arguments for the penny to endure: “All the reasons for keeping them are emotional (nostalgia, tradition, Lincoln is on it, etc.).” And one pointed out that it’s not ...
On the Facebook group of Pressed Penny Collectors, whose members seek out machines that flatten the coins into oval-shaped souvenirs, nostalgia has been negligible. “They’re going to stop ...
The development of this new tradition was also facilitated by Parliament’s introduction of the Penny Post in 1840 ...
A penny for your thoughts. The U.S. government is phasing out the penny by stopping production. Sign up for our Newsletters ...