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The End of the Penny: Retail, Collectors, and State Perspectives

1 min read
Source: Hays Post
The End of the Penny: Retail, Collectors, and State Perspectives
Photo: Hays Post
TL;DR

As pennies are phased out in the U.S., states are considering or implementing policies for rounding cash transactions to the nearest five cents, raising legal and consumer protection questions, with some advocating for federal guidance to ensure fairness and consistency.

Topics:businesseconomy#cash-transactions#consumer-protection#economy#pennies#rounding#state-legislation
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  1. Without pennies, should retailers round up or down? States offer their 2 cents.  Hays Post
  2. Penny production halted: What it means for shoppers and collectors  KSAT
  3. Last U.S. cents sold at auction for a sum of $16.76 million were worth a pretty penny  WLTX
  4. Hundreds attend funeral for discontinued penny at Lincoln Memorial  Yahoo News UK
  5. DC Businesses Wrestle With the End of Pennies  Washingtonian

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