Aluminum Cents are cheaper to produce than copper or copper clad zinc cent coins. Aluminum was used by Russian currency in USSR. The Govt can then buy your recycled cans to make coins.
https://www.msn.com/en-us/money/markets/us-to-mint-its-last-penny-after-230-plus-years-of-production/ar-AA1QjIbR?ocid=BingNewsSerp
The U.S. Mint in Philadelphia will strike its final copper coin Wednesday after more than 230 years of production and use. U.S. Treasury Secretary Scott Bessent and U.S. Treasurer Brandon Beach will formally stamp the final penny on-site.
While the penny is still legal tender, will remain in circulation and is expected to “retain its value indefinitely,” scrapping the penny is a measure intended to save money.
In February, President Donald Trump ordered penny production to cease to help “rip the waste out of our great nation’s budget, even if it’s a penny at a time.” The Treasury Department expects to save $56 million per year on materials by ceasing to make them, The Associated Press reported.
MC 2025.
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