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Penny's Last Stand and Nickel's Future | Monroe Louisiana News
The U.S. Mint hasn’t produced new pennies in nearly a year, and a sweeping bill called the Common Cents Act is now poised to officially end the penny’s reign—though collectible ones and legal tender status remain intact. With over 300 billion pennies still in circulation, the bill aims to simplify cash transactions by letting businesses round to the nearest nickel, helping solve the growing problem of change shortages. It also opens the door to reforming the nickel, which costs more to make than it’s worth, by empowering the Treasury to explore cheaper materials like zinc-coated…
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