Back to today’s briefing

Story perspectives

U.S. Mint Ends Penny Production, Saves $56 Million Annually

11/13/2025

50 9

Summary

Story summary

The U.S. Mint has ceased penny production as of November 12, 2025, ending over two centuries of coinage.
The decision saves about $56 million annually, as production costs reach nearly four cents per penny.
The government plans to auction the last minted coins bearing a special omega mark while the penny remains legal tender.
Lawmakers are considering legislation to formalize this change, with discussions in Congress about the penny's future.

1 of 1

Story summary

The U.S. Mint has ceased penny production as of November 12, 2025, ending over two centuries of coinage.
The decision saves about $56 million annually, as production costs reach nearly four cents per penny.
The government plans to auction the last minted coins bearing a special omega mark while the penny remains legal tender.
Lawmakers are considering legislation to formalize this change, with discussions in Congress about the penny's future.