Final penny pressed at U.S. Mint in Philadelphia
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The U.S. Mint in Philadelphia pressed its last circulating penny on Wednesday, after President Trump earlier this year directed the Treasury to stop minting new one-cent coins.
The average American household has $60-$90 in loose change, and Coinstar converts $3 billion in coins annually. While some advocate for eliminating the penny and potentially the nickel due to production costs exceeding face value, this raises logistical ...
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