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Treasury Department to phase out penny

Change is coming for the penny as Treasury Department makes final order of the coin

The agency did not specify how long the inventory was expected to last, so it's unclear exactly when pennies will no longer be in circulation. Blanks are flat metal discs that eventually become coins,

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Treasury Department to halt penny production after centuries in circulation

· 11h · on MSN

Treasury Department Officially Discontinues Pennies Starting in 2026. What Happens When There Are No New Pennies?

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No more pennies: In big change, Treasury will stop minting them

The Treasury Department has placed its last order for blank pennies and plans to stop minting the one-cent coins as soon as that's exhausted.

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U.S. Mint Signals Death Knell For The Penny

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See a penny, pick it up? In the future, probably not as often — and, some say, that matters

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End of the Penny Grows Near

The Mint has estimated that ceasing production of the penny will save the taxpayers an annual $56 million in reduced material costs.

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US Treasury confirms the end of the penny

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Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'

The U.S. Treasury is ending penny production. Here's what to know:

After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall Street Journal.

IndiaWest3h

U.S. Treasury To End Penny Production

The U.S. Treasury Department announced May 22 its decision to phase out the production of the one-cent coin, with no new pennies expected to enter circulation once the current inventory of blanks is depleted.

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.