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TAGGED : pennies

Penny pinching

On Nov. 12, the final U.S. pennies were struck at the U.S. Mint in Philadelphia. Why? The cost to manufacture the one-cent coin - which had been in circulation since 1793 - rose far above its face value. At the time pennies ceased being made, it cost 3.69 cents to produce one. The U.S. ...

Businesses plan for change as penny pipeline shuts down

The familiar “take a penny, leave a penny” sign at counters relied on the coin being a part of everyday life. NovemberĢƵ halt to the minting of new pennies is leading to new signs in some retailers — ones warning the customers of a shortage. But, while local businesses are bracing ...