Article 71DYE Common cents: US Mint to press its final penny

Common cents: US Mint to press its final penny

by
Associated Press
from US news | The Guardian on (#71DYE)

Last one-cent coin to be pressed in Philadelphia as Trump ordered them to be canceled, citing rising production costs

The US Mint in Philadelphia is set to strike its last circulating penny on Wednesday as Donald Trump has canceled the one-cent coin.

The US president has ordered its demise as costs climb to nearly four cents per penny and the one-cent valuation becomes somewhat obsolete.

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