Tag: US Cent

The Coin Analyst: Canadian Mint Plans to Stop Making Cents, and the U.S. Should Do the Same

The Coin Analyst: Canadian Mint Plans to Stop Making Cents, and the U.S. Should Do the Same

by Louis Golino for CoinWeek The Royal Canadian Mint‘s 2012 budget, which was issued on March 29, does not include funding for the production of one cent coins, according to Canadian and U.S. media sources. The cost to produce and store the coins, not to mention the hassle of dealing with them, finally drove our […]

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