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America’s Oldest Coin in Circulation Is Dead
After 232 years, the final pennies were minted in Philadelphia. The Treasury Department said the move was due to irrelevance of the coin and the expense to produce it.
We’ll do a countdown on this one. This is the last one. Three, two, one. 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. The cost savings of ending penny production will save the American taxpayer approximately $56 million a year in just production costs alone.
After 232 years, the final pennies were minted in Philadelphia. The Treasury Department said the move was due to irrelevance of the coin and the expense to produce it.
By Chevaz Clarke
November 13, 2025
