After 232 years in circulation, the U.S. Mint has officially ended penny production, pressing its final batch of 1-cent coins in Philadelphia on November 12, 2025. The decision, led by the Treasury Department, comes amid rising production costs—nearly 4 cents per penny—and the growing dominance of digital payments. While existing pennies remain legal tender, most cash transactions will round to the nearest nickel. The move is expected to save taxpayers millions annually and marks the end of an iconic yet increasingly obsolete piece of American currency. Collectors and historians are preserving the final coins as part of numismatic history.
by rrollins
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