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Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.

The American penny will begin its slow fade into non-existence as the government plans stop making the U.S. currency next year.

The US Treasury Department says it will phase out production of new pennies early next year. It said that the cost of making ...

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By FATIMA HUSSEIN and ALAN SUDERMAN Associated PressWASHINGTON (AP) — The Trump administration says making cents doesn't make sense anymore.

The U.S. Treasury announced it's phasing out production of the one-cent coin and has made its final order of penny blanks.