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While the cessation of penny production may save taxpayers money, it has prompted some logistical challenges. Businesses and banks alike have experienced mixed reactions; many have had to adjust pricing strategies, often rounding prices to the nearest nickel, due to the unavailability of new pennies. Some banking institutions already reported low supplies of coins and have had to ration their distribution, causing inconvenience for customers and retailers alike.
Jeff Leonard of the National Association of Convenience Stores expressed disappointment, noting, "We have been advocating abolition of the penny for 30 years, but this is not the way we wanted it to go." The transition has not been seamless, highlighting the complexities involved in phasing out a currency component.