8legs: United states mint

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Cnn.com and 13 more

The U.S. Mint has produced its last penny, marking the formal end of 1-cent coin minting in the United States.
Retailers are shifting policies: some are encouraging exact change, rounding cash transactions, or moving toward card payments.
Small businesses are adjusting pricing to avoid pennies, such as pricing totals to end in .00, .05, or using updated POS systems.
Consumers increasingly rely on cards, with many reporting minimal use of cash as pennies disappear from everyday life.
A community event highlighted double exchange opportunities, allowing pennies to be traded for gift cards at increased value this weekend.
The reference notes that while pennies persist in circulation, businesses are updating pricing and transaction policies to accommodate the change.
Many customers report not remembering the last time they used a penny, signaling a broader shift away from low-denomination cash.
Double exchange events reflect local communities leveraging the penny transition to spur savings or gift-card value.
The rollout demonstrates broader adaptability by both national retailers and small businesses in response to the end of penny production.
The development aligns with a longer historical arc of currency reform, echoing past discontinuations despite pennies remaining legal tender for now.

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The U.S. Mint completed its final penny production at the Philadelphia facility, ending a long-running era.
Production costs for pennies have risen, with the government citing about 3.69 cents per penny to mint.
The two final pennies will bear a special omega stamp and be auctioned instead of circulating.
The change follows calls by political figures, including Donald Trump, to halt penny production.
Officials noted there are roughly 300 billion pennies in circulation, many stored away in jars or under cushions.
Retailers have begun adjusting cash transactions in light of the penny halt, with some rounding or incentives.
Treasury officials emphasized the penny's continued status as legal tender despite production ending.
The government plans to auction omega-stamped pennies and use proceeds as applicable.
The announcement attributes the halt to cost concerns and evolving consumer behaviors.

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The U.S. Mint will strike its last circulating batch of the 1-cent coin in Philadelphia.
The move follows a Trump order to halt penny production and a Treasury phase-out plan.
Retailers are already preparing for a post-penny economy by rounding prices to the nearest nickel.
The penny costs more to produce than its value, fueling the push to retire it.
The penny has a long cultural history, from phrases to traditions dating back to 1793.
The penny's phase-out has drawn comparisons to similar changes in other countries.
Legislation to formally eliminate the penny has been introduced in Congress.
The penny has long been a symbol of American small-change and memory, despite its low value.
The piece notes the penny’s potential retirement alongside other low-cost coins like the nickel.

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Georgia lawmakers discuss penny retirement as tax and spending debates unfold in Atlanta.
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State Election Board resolves a records access lawsuit connected to Democratic watchdog concerns.
Georgia power expansion requests face environmental and political scrutiny ahead of key votes.
Governor’s funding bill signings are on the agenda as Washington and Georgia budgets interact.
Georgia voters and lawmakers grapple with a potential shutdown and its impact.
GA lawmakers push for cellphone security measures as officials balance transparency and privacy.
Local officials highlight challenges and developments around public safety and infrastructure.
Georgia court and legal system updates accompany broader state political coverage.
AJC reporters provide context on national figures influencing Georgia politics.

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