After more than 230 years in circulation, the penny is beginning its slow goodbye. In 2025, the U.S. Treasury announced plans to stop producing new pennies, citing the rising cost—nearly four cents—to produce and distribute each coin. As a result, the United States Mint will officially cease penny production in 2026. What does this mean for you? While no new pennies will be made, those already in circulation will remain legal tender and can still be used for purchases. Because...
Farewell to the Cent: What It Means for You—and Your Wallet
Posted on May 1, 2026











