US EditionUS Mint Stops Penny Production After More than 230 Years in Circulation
- At the Philadelphia Mint, officials struck the final one-cent coin on Nov. 12, 2025, after over 230 years, with Brandon Beach, Treasurer of the United States, pressing the last penny.
- Following a presidential instruction earlier this year, the U.S. Mint halted penny production after costs rose to 3.69 cents and reported an $85.3 million loss in fiscal 2024, citing financial data.
- The Mint revealed that the final pennies bear a special `Omega` mark, will be kept out of circulation and are slated for auction, while Brandon Beach highlighted the historic event.
- Deputy Treasury official Derek Theurer said `Today, we retire the penny` while Treasurer Brandon Beach emphasized `the penny remains legal tender` despite over 300 billion pennies still circulating.
- Historically, the penny evolved from Fugio cents first produced in 1787, with the official one-cent piece beginning in 1793 as large as today's quarter, while the half cent was last discontinued in 1857, Beach noted.
39 Articles
39 Articles
The Penny Ends Its 232 Year Run of Production.
PULSE POINTSWHAT HAPPENED: The United States stopped minting pennies after 232 years of production.WHO WAS INVOLVED: Treasurer of the United States Brandon Beach, President Donald J. Trump, and U.S. Mint officials.WHEN & WHERE: The final pennies were minted this week at the Philadelphia Mint.KEY QUOTE: “God bless America, and we’re going to save the taxpayers $56 million.” – Brandon BeachIMPACT: Billions of pennies remain in circulation as legal…
The penny will no longer be minted but remains legal. Trump: "A waste, we will save 56 million a year" . Belgium and Holland also stopped the production of 1 and 2 cent coins
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