Historic Auction Highlights the End of U.S. Pennies
The last U.S. pennies ever minted have fetched record sums at auction, with final sales amounting to over $16.7 million. As the production of pennies ends, coin collectors have shown immense interest, pushing prices for these final coins to staggering heights. While some have mourned the elimination of such a long-standing currency, retailers and consumers are adapting to a reality where pennies are no longer in circulation. Amid a growing penny shortage, significant discussions are taking place about the impact on local economies, particularly in the restaurant sector, where cash transactions are affected. As states prepare for these changes, many are left wondering what to do with their remaining pennies and how the absence of this coin will reshape everyday transactions.
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