The United States has ended the production of 1-cent coins, marking 232 years since their introduction in 1793. Earlier, U.S. President Donald Trump had instructed the Treasury Secretary in February to halt new production of 1-cent coins,

On Wednesday, the Philadelphia Mint produced the final batch of one-cent coins, marking the end of a 230-year chapter in American history. The event drew Treasury officials, workers, and reporters to witness the ceremonial striking of the last penny in the same city where the first one was made in 1793.

The impending “death” of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Months after President Donald Trump called on his administration to cease penny production, the U.S ...

After nearly two centuries, the U.S. government is ending the production of the penny. The U.S. penny discontinuation means that, in time, these coins that you grew up with will no longer be in circulation. For many Americans, the penny is more than just ...

The time of the penny is coming to a close. The U.S. Treasury Department placed its last order of blanks, flat metal discs used to make pennies, in late May. President Donald Trump told the mint to stop making pennies back in February, calling the 1-cent ...

NEW YORK (AP) — The impending "death" of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Coin production costs vary thanks to different raw metals used, complexity of their ...

When is the penny going away, and why? The Treasury Department’s pledge to stop minting new pennies by early 2026 comes after President Donald Trump directed Secretary Scott Bessent in a February Truth Social post to stop his agency’s production of the ...