No Longer Making Cents: The Last US Penny Has Been Minted
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On November 12, 2025, the United States (US) Mint made its final penny at the Philadelphia facility, ending more than 230 years of production. This landmark moment closed an era that began with the first cent in 1793 and continued through the Lincoln cent in use today. The decision to halt production was driven primarily by cost. By 2024, each penny cost nearly four cents to make. This resulted in substantial annual losses for the Mint.
"Given the rapid modernization of the American wallet, the Department of the Treasury and President Trump no longer believe the continued production of the penny is fiscally responsible or necessary to meet the demands of the American public," explained US Treasurer, Brandon Beach.
The final pennies were stamped with an "Omega" symbol. As the last letter of the Greek alphabet, it signifies the end of production. Just 232 sets of "Omega" pennies were made — one for each year since production began in 1793. Each set includes a penny from both the Denver and Philadelphia Mints, along with a 24-karat gold penny. The final set also contains the canceled molds that were used to make these pennies. These sets will be auctioned on December 11, 2025. Each set is expected to sell for between $2 million and $5 million.
When first introduced, the penny was about the size of a modern quarter. It could buy everyday items like a loaf of bread. While that is no longer the case, some old pennies have become extremely valuable. For example, a handful of 1943 Lincoln cents, accidentally made of copper instead of steel, now sell for hundreds of thousands of dollars.
Although new pennies will no longer be made, the coin’s legacy is firmly rooted in American life. From lucky pennies found on the street to phrases like "a penny saved is a penny earned," will live on in the nation's culture.
Also, the end of minting does not mean the penny will disappear. With more than 300 billion still in circulation — over a thousand for every American — it will continue to be used for many years to come!
Resources: Popsci.com, ABCnews.com, USmint.gov
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113 Comments
thejackguyabout 18 hoursNooooooooo I loved picking up pennies. Gone. Seriously?! So sad- jayden_111 dayPenny's will never be forgotten
- jayden_111 dayrip penies
trisan14 daysRip pennies bro, and they do fill my "soccer ball" piggy bank.
ezpz_55715 days@fudgebrownie for real though!
fudgebrownie22 daysWell, imagine putting that in a time capsule for 100 years; it's going to be so expensive.- thejackguyabout 18 hoursThat’s just so true(fudgebrownie)
- fudgebrownie6 daysWell that's what I will do...
- 33simsj22 daysI know it is sad but is was the right thing to do
- gisojusoheka28 daysI have a penny that is from 1700 and 1701
- 33simsj22 daysno you don't they started to make pennies in the 1790's
riruhyfohujaabout 1 monthI have like 81,900 Pennies I think- riruhyfohujaabout 1 monthWe'll be having nicklels, I guess dallors are more important