News

Penny collectors out of luck: One-cent coin unlikely to go up in value after U.S. Mint stops production
Friday is National Lucky Penny Day, but the future for the penny is not looking so lucky.The U.S. Treasury confirmed Thursday ...
Mint orders last batch of pennies after Trump nixes one-cent coin
The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...
US Treasury unveils plan to end production of penny coin
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
Change is coming for the penny as Treasury Department makes final order of the coin
The federal government made its final order of penny blanks this month — marking the first step to end the production of the one-cent coin, a spokesperson for the U.S. Department of the Treasury ...
No more pennies: In big change, Treasury will stop minting them
In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in ...
Say Goodbye to the 1-Cent Coin. It’s a Penny-Wise Move in a Deficit-Foolish World.
Axing the penny will save $58 million a year. The new tax-and-spending bill will add $3 trillion to the deficit over the next ...
Say goodbye to the penny
The Treasury Department placed its last order for penny blanks earlier this month, fulfilling a bipartisan, and DOGE, dream.
Khaleej Times3d
Look: Did you know there was once a Dh1 banknote? Here's what it looked like
The Dh1 banknote featured UAE landmarks and icons, including palm trees, an oil-drilling structure, camels, pearls and a boat ...