内容摘要：He said: "One of them was a really older gentleman so, for him, it would have been a hell of a long day.

He said: "One of them was a really older gentleman so, for him, it would have been a hell of a long day.

But over the past 10 years, the cost of producing it has risen from 1.3 cents to 3.69 cents per coin, according to the Treasury.The Mint estimates that stopping production will result in an immediate annual saving of $56m (£42m) in reduced material costs.

Critics of the zinc and copper coin say producing it is a waste of money and resources, while those who want to keep it argue it keeps prices lower and boosts fund-raising for charities.The phasing out of the coins will mean businesses will need to round prices up or down,, who first reported the story.

"Confirming the WSJ story, the Treasury has made its final order of penny blanks this month and the United States Mint will continue to manufacture pennies while an inventory of penny blanks exists," a Treasury spokesperson said.Other countries have discontinued similar coins. Canada ditched its one cent coin in 2012, citing the cost of minting it and its falling purchasing power due to higher prices.

The declining use of cash meant the

, after officials decided there were already enough coins in circulation.Pharrell Williams and Lewis Hamilton are among the co-chairs for this year's event, which raises money for the Metropolitan Museum of Art's Costume Institute.

The annual gala, which takes place in New York City, is usually attended by huge names from the world of film, fashion and music.Here's everything you need to know ahead of the Met Gala 2025.

The Met Gala's theme is usually connected to the Costume Institute's latest exhibition, which this year is Superfine: Tailoring Black Style.It's inspired by Monica L Miller's book Slaves to Fashion: Black Dandyism and the Styling of Black Diasporic Identity, published in 2009.