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The U.S. Treasury is ending penny production. Here's what to know:
After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall Street Journal.
Stop making cents: US Mint moves forward with plans to kill the penny
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
End of the Penny Grows Near
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
What's next for the penny? The details on US decision to end penny production
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
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