Penny Production Ceases After 232 Years
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The US penny is officially dead. After 232 years, the government has finally pulled the
plug. The very last penny was just minted in Philadelphia. The whole thing
was kicked off by President Trump, who ordered the Treasury to stop making them.
Why? It's actually wild. It costs the government about 3 cents to produce a single
1-cent coin. By stopping production, they're saying it'll save taxpayers around 56 million dollars.
The U.S. Treasurer literally hit a button to strike the final coin.
This is a super rare move; the last time a coin was discontinued was way back in 1857
with the half-cent. So, what does this mean for all the pennies in your car or your
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