‘Funeral’ held for the penny at Lincoln Memorial after US Mint discontinues coin
Speakers at the event highlighted that producing each penny costs over three cents, prompting the United States Mint to halt its production earlier this year.
- On Saturday at the Lincoln Memorial, a mock funeral for the one-cent coin took place following the United States Mint halting production earlier this year.
- Hosted by Ramp management platform, the ceremony featured a white casket and speakers Knowlton Anderson, Lincoln descendant, and economist Ara Kharazian, who said each penny costs more than three cents to produce.
- Actors portraying George Washington and Thomas Jefferson spoke, and an actor portraying John Wilkes Booth also participated; following the service, attendees placed pennies in the open casket.
- A special penny-press machine on site provided souvenirs, and AP photo editors curated a photo gallery documenting the mock funeral and its participants.
- By staging a public farewell, organizers highlighted the theatrical goodbye at the Lincoln Memorial, linking national symbols and practical cost arguments about the penny’s discontinuation.
83 Articles
83 Articles
Groups gathered last week in Washington to deplore the death of the 1-cent coin, which the US government decided to abandon because it costs more to manufacture than it is worth.
Does it make cents?
President Donald Trump's elimination of the penny makes good sense. The cost of producing a cent coin was 3.69 cents last year, which includes materials (mostly zinc), administration and distribution. The U.S. produced 3.2 billion pennies in 2024, placing $31.7…
Penny ‘funeral’ brings hundreds to Lincoln Memorial
Hundreds of mock mourners headed to the Lincoln Memorial on Saturday to attend a “funeral” for the penny. Along with musicians playing taps, there were a couple of Abraham Lincoln look-alikes, actors portraying George Washington, Thomas Jefferson, Mary Todd Lincoln, and yes, even John Wilkes Booth. The ceremony started with pallbearers dressed as Lincoln carrying a white casket. People were encouraged to toss pennies in the open casket like a w…
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