Tag Archives: US Mint

NBC News reports: The U.S. Mint has removed from its website the gold medals honoring police officers who protected the U.S. Capitol during the Jan. 6, 2021, riot — another instance of President Donald Trump’s administration moving to take down material related to the violent episode stemming from his falsehoods about the 2020 presidential election results. Bronze duplicates of the …

Tennessee’s Greenville Sun reports: Eliminating the minting of new pennies could come at significant cost to Greene County. Tusculum-based Artazn LLC is the U.S. Mint’s sole supplier of cent planchets, the blank discs stamped into pennies.  The former Jarden Zinc Products was purchased in 2019 by a Los Angeles-based private equity firm. Americans for Common Cents, a pro-penny group with Artazn among …

The Washington Post reports: Trump says he has ordered the U.S. Treasury to stop minting new pennies, calling their production “wasteful.” No other official announcement on penny production has been made, and Treasury did not immediately respond to an overnight request for comment. But the debate over whether to continue making lower-denomination coins has gone on for years, particularly as …

Nexstar reports: From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head, Elon Musk, have targeted in order to cut spending. Now, it seems to have a new prey: the penny. The latest report from the U.S. Mint shows that pennies accounted …

Philadelphia’s CBS affiliate reports: Police are investigating a case of dimes and dash. They say a trailer containing hundreds of thousands of dollars worth of dimes was broken into overnight inside a Walmart parking lot in the 4300 block of Byberry Road in Northeast Philadelphia. According to police, the truck had about $750,000 in dimes in it. Investigators believe at …

CNN reports: The US Mint has announced the full list of five pioneering American women who will appear on the first run of the “American Women Quarters Program.” Images of the women, who represent a wide array of professions from which women were previously shut out, will appear on the backs of select quarters beginning in 2022. (George Washington’s facade …

Via press release from the US Mint: Simply put, there is an adequate amount of coins in the economy, but the slowed pace of circulation has meant that sufficient quantities of coins are sometimes not readily available where needed. You may be experiencing this in your local communities. We are asking for your help in improving this coin supply issue. …

Well, you know how this is going to go. Via press release from the US Mint:  We have chosen “Remembering our Past, Embracing the Future” as the Mint’s theme for our 225th Anniversary year. This beautiful coin truly embodies that theme. The coin demonstrates our roots in the past through such traditional elements as the inscriptions United States of America, …

John Oliver last night added fuel to a long-running “dump the penny” campaign. TIME reports: On the last episode of Last Week Tonight of the year, Oliver called for a small change that could have big results for the U.S. economy — ending the penny. According to Oliver, 8 billion pennies are produced each year, and in an ironic twist, …