Penny Supply news and trends

US Mint Ceases Penny Production, Citing High Costs and Supply Surplus

November 12, 2025
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US Mint Ceases Penny Production, Citing High Costs and Supply Surplus

November 12, 2025
The U.S. Treasury announced it would halt the production of the nation’s circulating one-cent coin this week, citing escalating manufacturing costs and deeming the currency unnecessary for modern commerce, USA Today reported Wednesday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]