Farewell to the Penny, in More Ways Than One

The United States has reached a turning point in its monetary history. After 232 years of continuous production, the penny (or one cent coin) has finally ceased to roll off the presses for circulation. The US Mint hosted a ceremonial strike event at its Philadelphia facility in mid-November, with United States Treasurer Brandon Beach striking the final circulating penny coin.

‘Today the Mint celebrates 232 years of penny manufacturing’, said Kristie McNally, Acting Mint Director. ‘While general production concludes today, the penny’s legacy lives on. As its usage in commerce continues to evolve, its significance in America’s story will endure.’

Although circulating production has ceased, the penny remains legal tender. The Mint also plans to continue producing numismatic versions in limited quantities for historical and collector purposes.