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U.S. Mint Halts Penny Production After 232 Years

11/21/2025

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Story summary
  • The U.S. Mint ended penny production on November 17, 2025, after 232 years due to rising manufacturing costs.
  • Costs per coin rose from 1.42 cents to 3.69 cents.
  • Caroline Turco, Assistant Curator at the Money Museum, notes the cultural shift and that the move mirrors actions in Canada and Australia.
  • The penny remains legal tender; guidance on rounding to five cents is pending.