U.S. Mints Final Penny In Philadelphia | Are Nickels Next?

The U.S. Mint in Philadelphia marked the end of an era today by producing the last-ever penny.

First introduced in 1793, the penny has been a cornerstone of American currency for over two centuries.

However, rising production costs that was nearly 4 cents per coin have made the penny economically unsustainable.

The decision to discontinue it, ordered by President Trump earlier this year, is expected to save the U.S. Treasury approximately $56 million annually.

The penny’s phase-out has sparked mixed reactions.

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Many Americans feel nostalgic about the coin, which has long been associated with good luck and childhood memories of collecting spare change.

Retailers,

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