US Mint Ends Penny Production as 1-Cent Coin Is Canceled

1 min read
Source: WTOP
US Mint Ends Penny Production as 1-Cent Coin Is Canceled
Photo: WTOP
TL;DR Summary

The US Mint in Philadelphia has ceased production of the penny, citing cost inefficiencies and the coin's decreasing relevance, with the final coins struck and auctioned off, marking the end of a 200-year tradition despite nostalgic and practical concerns.

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