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Penny Production Ceases After 232 Years

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Created November 13, 2025

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The US penny is officially dead. After 232 years, the government has finally pulled the

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plug. The very last penny was just minted in Philadelphia. The whole thing

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was kicked off by President Trump, who ordered the Treasury to stop making them.

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Why? It's actually wild. It costs the government about 3 cents to produce a single

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1-cent coin. By stopping production, they're saying it'll save taxpayers around 56 million dollars.

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The U.S. Treasurer literally hit a button to strike the final coin.

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This is a super rare move; the last time a coin was discontinued was way back in 1857

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with the half-cent. So, what does this mean for all the pennies in your car or your

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