Pennies and Pricing: the penny is no longer being produced, now what?
By Sean Grudzinski, product research & analysis manager As I’m sure you’ve heard, the penny is no longer being produced. Unfortunately, production costs outweigh the coin’s value, and it has officially been decommissioned. However, according to the American Banking Association, there are an estimated 250 billion pennies in circulation. For the near future, pennies will […]