Category Archives: citizens to retire the penny

Bahamas to Eliminate the One Cent Coin, But Will the United States Follow?

Bahama Cent to be Eliminated By Joshua McMorrow-Hernandez for CoinWeek ….. While the United States continues pumping out billions of one-cent coins, the Bahamas will become the next country to eliminate its one-cent coin. The island nation, sitting less than 100 miles east of West Palm Beach, Florida, will officially demonetize and withdraw its one-cent […]

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Why we should stop minting pennies, or at least make them with cheaper materials

In 2017 alone, the United States Mint produced around 8.6 billion one-cent coins, or “pennies,” as they’re popularly known

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Why we should stop minting pennies, or at least make them with cheaper materials

In 2017 alone, the United States Mint produced around 8.6 billion one-cent coins, or “pennies,” as they’re popularly known

Continue reading on Coin Update News