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Somehow, I completely missed that Trump ordered the US Treasury to stop minting new pennies back in February,
And the last penny was minted yesterday.
Roughly 250 billion pennies are still out there — though the American Bankers Association says the issue isn't supply, but circulation, with many coins collecting dust in jars.
Not only are pennies worth less than the time it takes to count them out, they are ridiculously expensive to make:
The Mint says ending penny production will save about $56 million annually, with each coin costing nearly 3.7 cents to make — more than triple its face value.

How long till we stop printing $1 bills and switch to $20s?

I have a cousin who stockpiles nickels because he says the melt value is worth more than 5 cents. Personally, I think it's not worth the hassle haha. Too bad he doesn't just buy bitcoin
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0 sats \ 0 replies \ @ken 1h
Hah. What could the melt value be...6 cents?
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132 sats \ 2 replies \ @DarthCoin 2h
now they start minting this one
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Haha, where can I get them
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that's pretty good!
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