Bill Maurer

“There will still be tons and tons of pennies out there, but their circulation will slow,” because nearly two-thirds of the about 165 Federal Reserve coin terminal facilities, which circulate coins, are no longer taking or distributing pennies, said Bill Maurer, dean of the School of Social Sciences at the University of California, Irvine, and director of UCI’s Institute for Money, Technology and Financial Inclusion.

For the full story, please visit https://www.usatoday.com/story/money/2025/11/12/penny-discontinued-shortages-us-mint/87214531007/.