Summary
The U.S. has struck its final penny, ending 232 years of production at the Philadelphia Mint—a poignant farewell to a coin that began in 1793. Rising costs sealed its fate: each penny now costs 3.69 cents to make, turning a once-cheap staple into a fiscal burden. Economists argue halting production could save $56 million annually. Meanwhile, about 300 billion pennies still circulate—worth around $3 billion—offering collectors a chance to turn forgotten change into potential value.
Finance Monthly
