Mint orders last batch of pennies
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The Mint projects an immediate annual savings of $56 million in reduced material costs from stopping penny production, and additional savings will be achieved as facility usage is adjusted, the Treasury said.
The US Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. Corey O'Connor's victory is a crushing blow to Mayor Ed Gainey and his progressive backers who swept him into office four years ago as the city's first Black mayor. KDKA-TV's Andy Sheehan looks at reasons for the mayor's defeat in a race that drew national attention and money. We're just a few days away from what's usually considered a huge weekend for car sales. But with impending tariffs and low supply, should consumers wait? Boaz was live with a Memorial Day preview honoring those we should never forget. He checked out a moving tribute to Pennsylvania's fallen heroes.
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The U.S. Treasury Department will stop making new pennies, according to a statement on Thursday. The Wall Street Journal first reported that the U.S. government ordered its last penny blanks in May, and the United States Mint will stop manufacturing the one-cent coins when the final inventory of penny blanks is used.
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The U.S. Mint will make pennies as long as the blanks exist, but once they run out, there will be no more pennies produced, CNN reported. The Wall Street Journal, which broke the story, said that no new pennies will be added to circulation by early next year.
It's been more than 230 years since the United States first produced the pennies that have been in circulation ever since. However, the coins could be
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