The U.S. Treasury Department has officially revealed its plans to phase out the penny, marking the end of an era for the small coin. Following a directive that the penny no longer makes economic sense, the U.S. Mint is set to halt production in the near future. This significant change has raised questions about how the public will adapt to rounding up prices and what implications it may have on everyday transactions. As the Mint prepares to wind down penny production, many are wondering about the future of other coins, including the nickel. With this transition, the U.S. government aims to streamline currency usage and reduce production costs associated with minting pennies.