Lates News

The last batch of American 1 cent coins auctioned off for $16.7 million, leaving retailers in a dilemma. The limited edition 2025 "omega" version of the 1 cent coin set raised $16.76 million at the auction after the US Mint stopped production of the 1 cent coin. With the 1 cent coin no longer in circulation, physical retail stores in the United States are facing shortages. Restaurant businesses are also reporting difficulties in giving change due to the shortage of coins, which may result in loss of revenue.