Why Did the U.S. Stop Making Pennies? All About About the Coin's Discontinuation

NEED TO KNOW

On Nov. 12, the U.S. Mint concluded production of the penny

The decision comes nearly nine months after President Donald Trump ordered the Treasury Department to stop production of the 1-cent coin

The U.S. Mint has reported that the unit cost for the coin has remained above face value for nearly two decades

It's the end of an era for the United States penny .

On Nov. 12, the U.S. Mint in Philadelphia concluded production of the 1-cent coin, which is more than 200 years old, per the Associated Press . The discontinuation of the penny comes nearly nine months after President Donald Trump ordered the Treasury Department to halt production of the coin in February 2025, per USA Today .

“For far too long the United States has minted pennies which literally cost us