Citing high production costs and inefficiency, President Trump and the Treasury move to end the penny’s 237-year run, with final batches already in motion and full phase-out planned by 2026. The United States is officially preparing to phase out the penny. Earlier this month, the U.S. Treasury Department placed its final order for penny blanks, … Continue reading “Penny for Your Thoughts? U.S. to Halt Production of One-Cent Coins by 2026”