15:38 - 13.11.2025

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November 13, Fineko/abc.az. The U.S. Department of the Treasury stated that this was irrelevant and expensive: a 1-cent coin was issued in the United States for 232 years. Despite the termination of the issue, the coins will retain the status of a means of payment.

ABC.AZ informs that the cost of producing one coin reached 3.69 cents, whereas 10 years ago it was only 1.42 cents. The last pennies were minted on the afternoon of November 12 in Philadelphia.

Back in February, Donald Trump instructed the Treasury Department to stop issuing pennies, calling it "wasteful". According to the American leader, abandoning them will benefit the business, as it will save time for sellers and cashiers.