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Pocket change is out — but smart collectors and savers can find ways to come out ahead. Here’s how.
The penny may finally be losing its place in American pockets, and for good reason. According to the U.S. Mint, producing a single one-cent coin now costs 3.7 cents, making the humble penny a money-losing venture. As inflation drives up metal and manufacturing costs, the Treasury could save $56 million annually by phasing out production, the Associated Press reports. But while the coin’s value…
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