President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States has minted ...
The U.S. Mint has halted production of the circulating penny after the Treasury Department concluded new one-cent coins are no longer needed, even as existing pennies remain legal tender and will stay ...
Businesses are trying to make cents out of the fact that after 232 years the Treasury Department has stopped minting 1¢ coins ...
As of Nov. 12, 2025, the U.S. Mint has stopped penny production, making all thoughts cost a nickel each. Here's a look at what happened.
Why is the Mint ending penny production? Earlier this year, President Donald Trump called on the Treasury Department to stop minting new one-cent coins, calling them “wasteful.” A few months later, ...
America’s last penny was struck at the U.S. Mint in Philadelphia, the end of a coin production that started in 1793 and ended Nov. 12. We’re already starting to miss them. Some stores have begun ...
The U.S. Treasury Department announced that it has stopped producing pennies, ending more than 230 years of minting the ...
The U.S. has officially stopped producing pennies because they cost more to manufacture than their one-cent value. While production has ceased, pennies remain legal tender and are still accepted as ...
Treasury Secretary Scott Bessent struck the final five pennies on Wednesday — each bearing a rare omega mark — ending U.S. penny production and creating collectors' items that could fetch millions at ...