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pennies, Coinstar

The penny will be phased out by 2026—Here's what it means for Americans

The department says it has placed its final order for penny blanks, and production will end when they run out, which will likely be early 2026, according to The Wall Street Journal, which first reported on the decision.

USA TODAY · 4h

With the penny going away, what should you do with the ones in your coin jar?

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for cash. Most banks will take an account holder's coins for free, Bankrate reports, but not all, and you may need to roll the coins yourself.

The Financial Times · 1d

US to become penniless with phasing out of one-cent coin

The US Treasury on Thursday confirmed the decision to stop ordering the coin, which costs almost four times as much as its face value to produce. “The Treasury has made its final order of penny blanks this month,

Treasury Department phasing out pennies

The Economic Times on MSN · 8m

Pennies become history in U.S. as Treasury Department places final order, expected to run out by 2026

The US Treasury has placed its final order for penny blanks, marking the end of the penny's production, projected to run out by 2026. The decision comes as the cost of manufacturing a penny exceeds its value,

Yahoo · 1d

Goodbye to the Penny! Treasury Department announces plan to phase out the coin

In stopping the production of pennies, the Treasury expects an immediate annual savings of $56 million in reduced material costs, the Treasury said Thursday. While the penny is only worth a cent, the coin costs nearly 4 cents to create.

MassLive · 1d

Treasury Department phasing out pennies, following Trump order

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. An immediate annual savings of $56 million in reduced material costs is expected by stopping penny production,

12don MSN

Are your old pennies worth millions? Experts say you shouldn't bank on it

Online chatter has lots of folks looking at their caches of coins hoping to find Lincoln wheat pennies that they ...

17hon MSN

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 ...

1don MSN

The Treasury unveils its plan to kill the penny

The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...

8hon MSN

US is ending penny production: How will you be impacted?

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

What's next for the penny? The details on US decision to end penny production

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

1don MSN

The end of the penny is coming: How much money will actually be saved?

The U.S. government has ordered its final batch of penny blanks and will stop producing the coin when those blanks run out, the treasury says $56 million will be saved. Will it impact any of us?

GOBankingRates on MSN5h

9 Most Valuable American Quarters in Circulation

You can still use quarters to buy stuff, too — just make sure you don’t spend a quarter that could be worth thousands of ...

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