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Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say - MSNThe US Mint said the five-cent coins cost 13.8 cents to put into circulation. The dime (5.76 cents), the quarter (14.68 cents), and the half-dollar (33.97 cents) remain significantly cheaper to ...
According to the Trump administration, the reason for the decision was to save federal money, “one penny at a time.” In 2024, ...
The US is discontinuing pennies. Here's what you should know about the coin. ... New Zealand has stopped minting its one-cent, two-cent and five-cent coins, ...
Australia ended production of its 1 and 2 cent coins in 1992, and Canada followed suit by phasing out its penny in 2012. New Zealand eliminated its 1 and 2 cent coins in 1990 and later ...
According to a 2024 U.S. Mint report, it costs about 13.78 cents to mint each 5-cent coin. Fact check: Did Trump raise the US minimum wage to $25 an hour? What Mississippi needs to know ...
The Trump administration plans to stop minting the one-cent coins early next year. Here are the potential consequences that ...
On the other hand, the Mint found, a quarter costs 14.68 cents to make — less than its 25-cent value — and a half-dollar coin costs just 34 cents to produce. How often do people actually use ...
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