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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126 Comments
- mivozecajira5 daysmaybe you could wait and sell pennies for lots of money since cents are now extint
- pomni_jax6 daysI have over 100 pennies in my room just sitting in a pile I don't know why I just know its there
soupbanana16 daysrip pennies I will always have you in my heart- soupbanana16 daysI'm so happy I did coin collecting I have lots of pennies
hotpotato123about 2 monthsHow are you able to pay things that is not multiple of 5 cents?- candycane142 monthsAlthough it was expensive i think they should’ve kept the penny. It feels so wrong without a four coin!
fyigodisgood3 monthsIts so sad! 😥😓😭😢 I don't get why they did that. I get that it was expensive but money will never run out and if it takes ten cents to make a penny then that's worth it cause then u can use that penny to help buy a new one. Does that make sense?- luckydude73 monthsI cant Believe they stopped making pennies!
ghostloloemoji3 monthsI'm going to keep all the pennies I still have forever! ;)
godismysaviorabout 2 monthsme too
- godismysavior3 monthsim still gunna keep pennies cuz someday theyre gonna be valuable
