Our Blog Posts

  The U.S. Mint Is Ending Penny Production. Here’s What That Means for Your Business The U.S. Mint has confirmed what many have anticipated for years: the penny is being phased out. As the cost to produce the coin continues to outweigh its value, the penny is quickly becoming obsolete in both circulation and utility. This carries real operational implications for businesses that accept or process cash, especially when it comes to rounding totals and maintaining accurate financial rec …