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Could DOGE eliminate the penny from US currency?The Department of Government Efficiency may soon set its sights on the United States currency, possibly looking to eliminate ...
according to the US Mint. In 2016, it cost the US just 1.5 cents to produce a penny — with the government printing only $46 million worth of the one-cent marks, according to CBS News.
Washington, DC, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The United States Mint (Mint) today released the designs for the 2025 American Innovation $1 Coin Program. This multi-year series that began in ...
The gold in deep storage is held as an asset of the United States at a book value of $42.22 per troy ounce. The book value has been a constant $42 2/9, or $42.2222, per fine troy ounce since 1973, ...
The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.
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