Canada successfully stopped making the penny in 2012 and their people adjusted well to elementary math rounding rules, as did Finland, the Netherlands, Sweden, Australia and New Zealand.

Even if nickel production increases by eliminating the penny, the losses on making them can be mitigated if Congress and the Mint take one or both of the actions I previously noted.

It was inevitable the day would come I’d be sprinkling handfuls of nickels onto my driveway, yet it’s a melancholy task all the same. How long before a frosting-like layer of dimes will be spread ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...

Should you cash in your pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a gold mine just yet.

As the penny is phased out, prices will soon reflect a nickel as the smallest denomination. Nickels are more expensive than pennies to produce, which could cause other losses in the budget.