The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year.

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The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.

The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.

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