The last-ever penny was minted today in Philadelphia
- CNN
- 9 hours ago
- 1 min read
The American penny passed away today after a prolonged illness. It was 238 years old.
The last penny was minted Wednesday afternoon at the US Mint in Philadelphia, overseen by US Treasurer Brandon Beach. President Donald Trump announced via social media in February that he instructed the Mint to stop making the once-popular coin, citing the cost of production.
The penny costs nearly four cents to mint, more than the coin’s worth. Once valuable enough to buy “penny candy” like gumballs and feed parking meters or toll booths, today the penny lives mostly in coin jars, junk drawers or “leave a penny/take a penny” trays…(Read full story)
