The Brief

The United States Mint in Philadelphia struck its final circulating penny, marking an end to an era.

The move stems from rising production costs and the diminishing value of cash.

With pennies on their way out, retailers are already scrambling for exact change and customers face potential rounding of cash transactions.

PHILADELPHIA - At the historic facility where "In God We Trust" once rolled off press after press in Philadelphia, the U.S. Mint has made its final penny. After more than 230 years of continuous production, the one-cent coin is being phased out in a symbolic moment, shifting away from cash. As the penny is phased out, new challenges for shops and banks across America begin.

Why is penny production canceled?

What we know:

The U.S. Mint confirmed the cos

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