The penny's days are numbered — here's what to do with your change

Sad! But they are still worth something

Our favorite coin, the penny, is on its way out. The U.S. Mint confirmed last month that it made its final order of penny blanks. Can we get a moment of silence? 🙏

The penny debate isn’t new, but the cost to make pennies has increased over the last few years — a little over 20% in 2024, according to a U.S. Mint report. Today, the one-cent coin costs almost four cents to make.

Of course, questions remain about the penny phase-out. How will retailers handle it going out of circulation? Will they round up or down when your total isn’t divisible by five cents? And speaking of nickels, are they next on the chopping block? Each costs nearly 14 cents to make after all. Only time will tell.

All this penny talk has us eyeing those overflowing spare change jars. Do you have one? Spare change can really add up. If you’re looking to cash in, here’s what you can do with your coins.

How to Cash In Loose Change

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