As U.S. Stops Penny Production, Cash Transactions May Soon Be Rounded

As U.S. stops penny production, cash transactions may soon be rounded

As the United States phases out the penny, cash-paying customers may soon discover empty change jars and checkout totals with a rounded number instead of an exact amount. In November, the Treasury Department stopped producing pennies after President Donald Trump directed the U.S. Mint to end production as a cost-saving measure. For a small ice cream shop run by a New Zealand–born owner who grew up without pennies, the change feels familiar. Ha…

Stores, financial institutions come up short as penny production stops

DETROIT — Marie Shoulders of Detroit has a penny purse, a penny jar and a small penny pouch. As a self-confessed penny hoarder, she wasn’t surprised to hear about the scarcity of the reddish-brown copper-and-zinc coins. “The pennies are short because people have them at home in their drawers,…

The Penny Final Stamp: Penny Production Comes to a Close in 2025

The penny, once a constant companion in pockets and purses, has ended its run at the nation’s mint. The last coins were rolled out on Wednesday, November 12, 2025. The first U.S pennies, known as the Fugio Copper Cent, were minted in 1787. Benjamin Franklin is credited with the design, and the first official pennies […] The post The Penny Final Stamp: Penny Production Comes to a Close in 2025 appeared first on The Virginian Review.