Nov 12, 2025 · The penny was one of the first coins produced by the U.S. Mint, authorized under the Coinage Act of 1792. Original design: A large copper coin featuring a woman with flowing hair …

The penny, officially known as the cent, is a coin in the United States representing one-hundredth of a dollar. It has been the lowest face-value physical unit of U.S. currency since the abolition of the half …

Dec 17, 2025 · The U.S. Treasury Department has stopped producing pennies. U.S. Treasurer Brandon Beach struck the final circulating penny on Nov. 12 at the Philadelphia U.S. Mint facility after …

Dec 23, 2025 · The following recommendations are non-binding guidance. All must comply with otherwise applicable restrictions.Frequently Asked Questions: BusinessesWhy is penny production …

4 days ago · After more than 200 years, the U.S. is ending penny production. This could mean changes at the cash register.

Nov 12, 2025 · Nothing could be bought any more with a penny, not even penny candy. Moreover, the cost to mint the penny had risen to more than 3 cents, a financial absurdity that doomed the coin.

May 23, 2025 · The U.S. Treasury Department has announced that it plans to stop manufacturing the penny, the smallest value coin in the United States, after more than two centuries in circulation.

It costs 3.69 cents to make a penny, whose value is just one cent, according to the U.S. Mint’s fiscal 2024 report. Last year alone, the penny’s production resulted in a loss of $85 million for...

Feb 10, 2025 · There are currently 114 billion pennies in circulation, or $1.14 billion, or 0.006% of U.S. money, and economists say the impact should be minimal, and it could take decades for the …

1 day ago · USPS begins penny-rounding policy This only applies to cash transactions when the coin is unavailable Today at 5:11 a.m. ET