The U.S. Mint produces 6 billion pennies a year to meet consumer demand.
A penny costs more than two cents and a nickel costs more than 11 cents to make and distribute. The quandary is how to make coins more cheaply without sparing our change’s quality and durability, or altering its size and appearance.
Credit: Gulf News
A rare dime minted in 1873-CC sold for a stunning $1.6 million at auction this week in Carson City, Nevada.
The coin was part of the rare Battle Born Collection and is known as the ‘No Arrows Seated Liberty’ dime. Collectors from all over battled it out over the piece and [...]
One of the first pennies ever produced by the U.S. Mint was put up for auction Thursday night and reportedly sold for more than $1 million.
Bids for the 1792 Silver Center penny reached $1.15 million Thursday night, according to Heritage Auctions, which conducted the sale. The U.S. Mint itself was founded [...]
Death and taxes aren’t only certain, they also seem to share a same deadline in the U.S., according to a study that points to the role of stress in fatal accidents.
Deaths from traffic accidents around April 15, traditionally the last day to file individual income taxes in the U.S., rose 6 percent on average [...]