President Trump announced intentions to stop producing pennies, sparking excitement in the coin collecting community.
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Money Talks News on MSNTrump Orders End to Penny Production Amid Rising CostsPresident Trump orders halt to penny production as minting costs exceed face value. The move could save taxpayers millions while existing pennies remain in circulation.
A directive from the White House to stop penny production aims to reduce costs but increasing reliance on the nickel, which ...
President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year ...
President Donald Trump directed the Treasury Department to stop minting new pennies Sunday, citing the high cost of ...
Former President Donald Trump has ordered the US Treasury to halt penny production, citing its manufacturing costs, which ...
Find a penny, pick it up' may be a phrase of the past as President Trump looks to halt production of the one cent coin.
The saying “a penny for your thoughts” could soon become obsolete. That is because President Donald Trump has told Treasury ...
The effects of Trump slamming the brakes on penny production won’t be felt immediately, Triest and Whaples both said. But over time, businesses such as convenience stores and gas stations will ...
If production costs get too high, the seigniorage – the difference between a coin’s face value and the cost of putting it into circulation – make the coin worth less than what it costs to ...
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They cost nearly 270% more to make than what they’re worth — but we’re only talking pocket change.Pennies, a coin purse staple since their production began in 1793, have become one of the ...
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