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How Many Pennies Are in Circulation? - APMEX Discover why the U S is phasing out the penny, how many remain in circulation, and what this shift means for American consumers and culture Learn more about the cost, impact, and timeline
U. S. to Eliminate Pennies in 2026: What to Know | Money The U S Mint produces billions of pennies each year (more than 3 billion last year), even though each one costs 3 7 cents to produce Part of the reason the U S Mint keeps cranking out all those pennies is — ironically — because Americans don't use them: As a nation, we throw out $68 million in coins every year, and we have another $14 billion or so languishing in coin jars and