Does it make sense to keep minting the penny?
Does it make sense to keep minting the penny?
The penny could soon be a thing of the past. President Trump is pushing to end production of the one-cent coin, citing its rising costs. Each penny costs nearly four cents to make and scrapping it could save taxpayers about $56 million a year. Deema Zein discussed more with John Feigenbaum of Whitman Publishing, a leading producer of numismatic reference books.
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