The Very Last Day of Minting the Penny is Today

[Cypress Sun]

After today, 11,12,2025, the US Mint will no longer be minting the penny with has been minted since 1792. Many stores around here have been rounding up or down for the last month or so. It really is past time but I'll miss them for nostalgia reasons I guess. Story below.

 

America's penny production ends after more than 230 years due to costs | Fox Business

[Rye Miles #13621]

35 minutes ago, Cypress Sun said:

After today, 11,12,2025, the US Mint will no longer be minting the penny with has been minted since 1792. Many stores around here have been rounding up or down for the last month or so. It really is past time but I'll miss them for nostalgia reasons I guess. Story below.

 

America's penny production ends after more than 230 years due to costs | Fox Business

A monetary policy that doesn’t have a ONE? That doesn’t make sense to me! 

[Marshal Mo Hare, SASS #45984]

1 minute ago, Rye Miles #13621 said:

A monetary policy that doesn’t have a ONE? That doesn’t make sense to me! 

Many currencies have eliminated the .01 coin and more.

[Rye Miles #13621]

2 minutes ago, Marshal Mo Hare, SASS #45984 said:

Many currencies have eliminated the .01 coin and more.

Yea good for them I just don’t get it! If the problem is it costs too much to make them figure out a way to make it cheaper. 

Edited November 12 by Rye Miles #13621

[Boggus Deal #64218]

[Rye Miles #13621]

Is the nickel next?

 

As of 2024, it costs the U.S. Mint about 10 to 11 cents to make a single nickel — roughly twice its face value (5¢).

[Marshal Mo Hare, SASS #45984]

10 minutes ago, Rye Miles #13621 said:

Is the nickel next?

 

As of 2024, it costs the U.S. Mint about 10 to 11 cents to make a single nickel — roughly twice its face value (5¢).

Likely.

[Texas Lizard]

How many of us, collected them when we younger??? Got your collection still???

 

I do.....

 

Texas Lizard

[Rye Miles #13621]

8 minutes ago, Texas Lizard said:

How many of us, collected them when we younger??? Got your collection still???

 

I do.....

 

Texas Lizard

Nope I got a machine that automatically dispenses the coins in the proper plastic sleeves for quarters, nickels, dimes and pennies. It makes it east to roll them up. I’ve had a whole coffee can of pennies that I rolled up a few years 

 

https://www.ebay.com/itm/365968199664?

 

 

Edited November 12 by Rye Miles #13621

[Forty Rod SASS 3935]

It's about time.  Maybe I'll live long enough to see the nickel die, too. 

[Marshal Mo Hare, SASS #45984]

Be thankful they're still printing dollar bills.

[Capt. R. Hugh Kidnme]

Thus, this date (11-12-2025) will be a great trivia question in the future.

 

 

[Texas Lizard]

46 minutes ago, Marshal Mo Hare, SASS #45984 said:

Be thankful they're still printing dollar bills.

Watch what you say...They would love to go to cashless way of life..It has started over seas in some areas....

 

Texas Lizard

[Stump Water]

2 hours ago, Texas Lizard said:

Got your collection still???

 

Got a quart jar of wheatbacks.   Got a big ol' pickle jar full of linkins.

[Whitey James]

Part of me fears movement to a cashless society. I rarely carry actual bills or coins for pure convenience, but 
When it’s all gone and replaced with digital currency, it would be much easier to control people. 
 

[Boggus Deal #64218]

1 hour ago, Whitey James said:

Part of me fears movement to a cashless society. I rarely carry actual bills or coins for pure convenience, but 
When it’s all gone and replaced with digital currency, it would be much easier to control people. 
 

And take your money. 

[El Sobrante Kid]

The problem I see with their cipherin' is that they are using the production cost as a reason to remove the penny from circulation. If they used the amortized cost (how long a penny can be used) it would be a different story. A penny made 1, 2 ,3+ decades ago can still be used. A coin typically does not go bad. What has happened to the many billions (yes, with a "B") of pennies that have been produced?

[Yul Lose]

1 minute ago, El Sobrante Kid said:

The problem I see with their cipherin' is that they are using the production cost as a reason to remove the penny from circulation. If they used the amortized cost (how long a penny can be used) it would be a different story. A penny made 1, 2 ,3+ decades ago can still be used. A coin typically does not go bad. What has happened to the many billions (yes, with a "B") of pennies that have been produced?

 

[watab kid]

coins dont wear out that fast 0 there should be plenty in circulation for the future 

[Pat Riot]

I thought the mint’s move to make Pennie’s out of copper cladded zinc years ago reduced the costs of making pennies. I guess that didn’t help. 
 

4 minutes ago, watab kid said:

coins dont wear out that fast 0 there should be plenty in circulation for the future 

Not now. Everyone will hoard them. 

[Marshal Mo Hare, SASS #45984]

Watch for the QVC sale of commemorative Pennies for $19.95

Edited November 13 by Marshal Mo Hare, SASS #45984

[Cypress Sun]

5 minutes ago, Marshal Mo Hare, SASS #45984 said:

Watch for the QVC sale of commemorative Pennies for $19.95

 

 

But WAIT....Buy in the next 10 minutes and get one FREE roll of pennies for the same price!   Shipping and handling extra.

[watab kid]

59 minutes ago, Pat Riot said:

I thought the mint’s move to make Pennie’s out of copper cladded zinc years ago reduced the costs of making pennies. I guess that didn’t help. 
 

Not now. Everyone will hoard them. 

gooed point and perhaps copper is worth more as salvage ? i need to see how many i have in my coin can , ive never used them at work at the gunclub , unless requested by a customer , just not worth the extra effort so we have been rounding up or down as the situation required , its probably come out even over the years , take a penny /give a penny dish always gets my coffee change penny's 

[Trailrider #896]

Is the cost of producing pennies due to the value of the metal? What if they made them out of aluminum? I wish I still had some of the 1943 steel pennies. 

[Marshal Mo Hare, SASS #45984]

5 hours ago, Cypress Sun said:

 

 

But WAIT....Buy in the next 10 minutes and get one FREE roll of pennies for the same price!   Shipping and handling extra.

With a certicicate of authenticity and in a commemorative wrapper.

[Marshal Mo Hare, SASS #45984]

watch for "Last penny" hats and shirtss

[Dogmeat Dad, SASS #48563L]

I have been noticing that many of the stores have been adjusting prices so that, including the local sales tax, everything ends up being rounded to the nearest $0.05.  There may be an adjustment somewhere in the register software algorithm that is adjusting that when it runs the total, I haven't bothered to look, and CASH is almost never used by folks anymore.  I purchased something at the hardware store just this past week and the total after everything was $3.24.  I put three $1.00 bills, two dimes, and a nickle on the counter and the young girl behind the counter looked at me like I had three heads.  I told her that change was one penny and that if she didn't have any, it would be OK.  I thought she was going to stroke out until the manager walked over, took care of the problem, and walked away shaking his head.

 

I seem to remember that there was a time a couple decades ago when the stores wouldn't even let you use a charge card for amounts less that $10.00, now it's all they want.  My have times changed...

 

 

 

Edited November 13 by Dogmeat Dad, SASS #48563L
'Cause I Don't Spel Two Gud!

[Stump Water]

First place I've seen that rounded to the nearest 5¢ was a KFC, and the sign said it would be rounded down.  Pay with card you're charged the exact amount.

 

Unless it's a national/regional chain, most places are now passing on the "discount rate" that they are charged for accepting cards, so we've started paying cash more often.  

 

In other news...  If approved by a court, a proposed settlement from Visa and Mastercard would, among other things, allow merchants to decline specific kinds of cards at checkout.

 

‘We Take Visa, Just Not That One’

 

Can you imagine what a cluster that's going to be?

 

Of course it's good news for those that develop & sell point-of-sale systems.

 

[Colorado Coffinmaker]

 

Excepting the "tax" portion of a transaction, the penny has actually been useless for DECADES.  Will NOT be missed (by Me at least).

[Cypress Sun]

43 minutes ago, Colorado Coffinmaker said:

 

Excepting the "tax" portion of a transaction, the penny has actually been useless for DECADES.  Will NOT be missed (by Me at least).

 

Yer right, ever since fuses panels were replaced with breaker type panels. The zinc alloy pennies wouldn't be able to take the amps anyway.

 

When I was a kid, I always liked looking thru the change for Indian head pennies. As a teen, looked for wheats and steels. As an adult, still looked for all three but after a while, they were all gone. 

 

Me, I'll miss the penny. I always, clandestine like, counted my change when the cashier gave it to me. Showed me how smart the employee was and kept cashiers honest.

[Marshal Mo Hare, SASS #45984]

16 hours ago, Cypress Sun said:

 

 

But WAIT....Buy in the next 10 minutes and get one FREE roll of pennies for the same price!   Shipping and handling extra.

 

11 hours ago, Marshal Mo Hare, SASS #45984 said:

With a certicicate of authenticity and in a commemorative wrapper.

Limit three to a customer, hurry while supply lasts, this offer can not be repeated.

[Rye Miles #13621]

I was at Aldi today I paid cash it came to $17.22 I gave her a $20 and she gave me back $2.80 instead of 2.78, I made 2 cents!! Yippee!

[Cold Lake Kid, SASS # 51474]

Here in Canada, minting the penny was discontinued in late 2012 or early 2013, if memory serves.

Bills are rounded up or down depending on total.

Credit card purchases are still debited to the penny, but payment of credit card bill reflects the practice of rounding, unless it's a pre-authorized or bank transfer.

Talk is going around about discontinuing the the 5 cent piece.

We use 1 dollar coins (a Loonie) and 2 dollar coins (a Toonie) now, rather than paper bills.