End of an era: US penny bids goodbye after last coin pressed in Philadelphia; 238 years old currency finally retires after Trump’s order
🕒 1 min read
The American penny’s 200-year run has ended as the US Mint halts production due to high manufacturing costs. While existing pennies remain legal tender, retailers face challenges managing prices and payments, leading to rounding practices that may cause confusion and financial implications for consumers and businesses alike.
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