The End of the Penny: What It Means for Cash and Collectors
TL;DR Summary
The US plans to stop minting pennies by 2026, but existing coins will remain legal tender for years, leading to a gradual transition where cash transactions are rounded to the nearest nickel, especially in cash-heavy retail settings, while electronic payments remain unaffected.
- How Eliminating the Penny Will Change Cash Transactions Newser
- Stop making cents: US Mint moves forward with plans to kill the penny AP News
- So what happens to America’s 114 billion pennies once the US stops making them? KOCO
- An Ode to the Penny, Departing After 233 Years of Service WSJ
- With the penny going away, what should you do with the ones in your coin jar? The Stockton Record
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