Although most people have never had one in their pocket change, the half-cent used to be a common coin in the US. It was actually one of the first coins ever minted and continued being released ...

Ending the penny would also drastically reduce the number of employees needed at U.S. Mint locations, saving tens of millions ...

The truth is no one knows how much removing the penny from circulation could cost both consumers and businesses. But let’s not forget that we have done this before: back in 1857, the US retired its ...