All articles tagged with #coin cancellation
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.
The US Mint in Philadelphia has ceased production of the penny to save costs and due to its decreasing relevance, with the final coins struck and auctioned off. While still legal tender, pennies are no longer being made, marking the end of a coin that has been part of American history since 1793, despite some nostalgia and concerns from retailers and collectors.