Key Takeaways The U.S. Treasury Department is ceasing production of the penny, which will start disappearing from circulation early next year.The one-cent coin, first minted in the late 1700s, has ...

One solution to the penny problem is to just use paper currency. When I was at military facilities in South Korea in the early 1950s, we were required to use scrips, ...

With the penny going away, ... In rare cases, some 1943 pennies have sold for $1 million, while one went for more than $200,000 at an auction in 2019. Depending on their condition, ...

Carolyn Fowler Smith said the cost of sweet treats made more cents back in the the 1950's. "Could get a lollipop to suck while we were in the movie for one penny," Fowler Smith said.

But the U.S. won’t be the first country to discontinue the penny. New Zealand stopped producing its one-cent coins in 1990, followed by Australia in 1992 and Canada in 2012.

The latest report from the U.S. Mint shows that pennies accounted for more than half of the 5.9 billion circulating coin shipments from the Federal Reserve Bank in 2024. The cost of the penny also ...

The U.S. Treasury Department is ceasing production of the penny, which will start disappearing from circulation early next year. The one-cent coin, first minted in the late 1700s, has become ...

With the penny going away, ... In rare cases, some 1943 pennies have sold for $1 million, while one went for more than $200,000 at an auction in 2019. Depending on their condition, those 1943 Lincoln ...