The United States has finally pulled the plug on its one-cent coin.
After 232 years, the U.S. Mint has struck its last penny, bringing an end to a denomination that has long cost far more to produce than it was worth.
According to Time Magazine , the decision stems from a directive issued under President Donald Trump after production costs spiralled to nearly four times the coin’s face value. With the Mint set to exhaust its remaining blanks, new pennies will no longer be made—though the billions already in circulation remain legal tender.
That means the familiar copper-coloured coin isn’t disappearing overnight. Time reports that an estimated 250 billion pennies are still in circulation, enough to keep them appearing in wallets and cash drawers for years. Yet businesses across the

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