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News@lemmy.world · 17 days ago

Stop making cents: US Mint moves forward with plans to kill the penny

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economy@lemmy.world

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Stop making cents: US Mint moves forward with plans to kill the penny

return2ozma@lemmy.world to

News@lemmy.world · 17 days ago

cross-posted to:
economy@lemmy.world

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.

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N0t_5ure@lemmy.world
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17 days ago
I’ve got a great business idea: I’ll collect a few million dollars worth of nickels and sell them back to the government for 10 cents each. That’s about a 28% discount to the manufacturing cost, and I’ll double my money. Win-win!

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