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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55 Comments
- fudgestrip17 daysI guess I will keep my 232 pennies!
doggiechristmas15 daysSame lol
- yusuf5432117 daysImagine how much pennies would give in the future
- doggiechristmas15 daysExactlyyy
- kingshark2117 daysI really liked this article, and I am using it for a school current event. I hope a descendant of mine hundreds of years from now will still be able to find and hold a penny. I also liked how Homer Simpson was in the video. I love The Simpsons.
- doggiechristmas15 daysYes, I may put a collection of pennies for my future children in my will for when they die, requesting they pass them down, so maybe one day my great, great-great, and even great-great-great grandchildren can hold one. Now of course, no one would be able to stop passing them down, though. BUT longevity is in my family, so I'd very likely be alive when my great grandchildren are alive. Good luck in school!
- kingshark2117 daysgood
- best_of_friends17 daysI wonder how much longer they will make other coins.
- khann17 daysrip the penny
anne032717 daysOh boy imma gonna be rich'
qwertyasd33318 daysrest in peace pennies
dusesuvufapo18 dayswell most of my money is kinda made up of pennys... it will probably cost a fortune in the future
felosuzetugy18 daysI've been saving mine for years and now I have a reason to keep them... Who knows how much they will cost years from now.
