U.S. Mint in Philadelphia presses final pennies

The U.S. Mint has stopped producing the penny, ending more than two centuries of continuous circulation for the country’s smallest coin. Officials say the move will save taxpayers millions, as each penny now costs nearly four cents to make. Production ceased Wednesday at the Philadelphia Mint, where the final coins will be auctioned. Pennies will remain legal tender, but retailers, banks, and consumers are already adjusting to the change after a rapid phase-out ordered by President Donald Trump earlier this year. MaryClaire Dale with Associated Press has the full story.

MaryClaire Dale

Associated Press

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