The USA has discontinued the production of the penny: why did this happen?
14 november 2025 в 02:28
The term «pennyless» will acquire a new meaning in the future. The American penny officially ceased production in November 2025. The production of the coin was canceled by the US Mint, which caused confusion among some Americans as to why this was necessary. Below, you will learn why the government stopped the production of pennies and what this means for the future of American currency.
Donald Trump announced in early 2025 that they would cease future production of the American penny to save money for taxpayers.
«For too long, the United States has been minting pennies that literally cost us more than 2 cents», - Trump wrote in a social media post in February 2025, calling pennies «so wasteful!»
After minting the last existing penny in November 2025, US Treasurer Brandon Beach said, according to ABC News: «God bless America, and we will save taxpayers $ 56 million».
Furthermore, the value of the penny has clearly and significantly changed over the past few hundred years in America. In the late 1700s, pennies could be used to purchase various items, from candy to a mug of beer. By the end of the 20th century, pennies were used to buy small items such as gum.
Currently, pennies are used for exact change or thrown into a fountain for luck.
Pennies will no longer be produced in the US, but already minted pennies remain part of the currency.
The total cost of manufacturing a nickel is just over 13 cents.
As mentioned by Trump, it cost more than 2 cents to produce a penny — approximately 3 cents for each coin
Donald Trump announced in early 2025 that they would cease future production of the American penny to save money for taxpayers.
«For too long, the United States has been minting pennies that literally cost us more than 2 cents», - Trump wrote in a social media post in February 2025, calling pennies «so wasteful!»
After minting the last existing penny in November 2025, US Treasurer Brandon Beach said, according to ABC News: «God bless America, and we will save taxpayers $ 56 million».
Furthermore, the value of the penny has clearly and significantly changed over the past few hundred years in America. In the late 1700s, pennies could be used to purchase various items, from candy to a mug of beer. By the end of the 20th century, pennies were used to buy small items such as gum.
Currently, pennies are used for exact change or thrown into a fountain for luck.
Pennies will no longer be produced in the US, but already minted pennies remain part of the currency.
The total cost of manufacturing a nickel is just over 13 cents.
As mentioned by Trump, it cost more than 2 cents to produce a penny — approximately 3 cents for each coin
© Artemenko Olga
