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The U.S. Treasury Department has stopped producing pennies. U.S. Treasurer Brandon Beach struck the final circulating penny on Nov. 12 at the Philadelphia U.S. Mint facility after President Donald Trump halted its production in February, leaving many wondering what they should do with their pennies now.
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Why wheat pennies are suddenly worth more than gold
In an era when investors obsess over gold prices by the ounce, a handful of battered copper coins are quietly rewriting the definition of value. Certain Lincoln wheat pennies, once worth exactly One Cent at the grocery counter,
The U.S. Treasury Department stopped producing pennies. What does this mean for collectors and the value of the penny? Here's what coin experts say.
Penny production in the U.S. is grinding to a stop. More than 3 billion pennies were minted in the U.S. last year, but according to the U.S. Mint’s annual report from 2024, they’re now more expensive to make than the one cent that they’re worth.
Unfortunately, making the one-cent coin really did cost a pretty penny. After 232 years in circulation — nearly as long as the United States of America has been a country — the final penny was minted Nov. 12 in Philadelphia by United States Treasurer ...