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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by Hubert Walker for CoinWeek… If you read nothing else concerning the US Mint’s December 12 biennial report on coin production costs and research into production alternatives, then here are the report’s conclusions: There is no material that can make cent production cheaper. Currently, the costs to industries that make use of coin-accepting machines (such as […]
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