How the Disappearance of the Penny Could Impact Consumers’ Wallets
Experts predict little change in the economy or prices, but there would be an adjustment period for consumers and merchants.
It Costs the Mint Nearly 4 Cents to Make a Penny. But for Souvenir Sellers, Pennies Are Worth Dollars.
Trump thinks pennies are a bad deal and unnecessary. But to a group of businesses that rely on them, the penny is precious.
Axing the penny could cost us. Are we willing to pay the price?
The penny’s demise would leave the nickel as the smallest physical token of wealth transfer. One might then expect many ...
CBS News22d
Trump's plan to scrap the penny spikes interest for coin collectors
Over 3.5 billion Canadian pennies were returned in the first year alone, and fewer pennies meant more value for the ones left behind. Some valuable pennies include coins from the 1920s — as most ...
The Hill18d
The US could ditch the penny: What happened when Canada did it?
Fiscal year 2024 marked the 19th consecutive year that the penny (and the nickel) “remained above face value” when it comes to production costs. It’s unclear if Trump is hoping the country can ...