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Just the Facts, from multiple news sources.

Watch: Moment the last US penny is minted

Watch: Moment the last US penny is minted

Summary

The United States has stopped making pennies, ending a production that lasted over 230 years. President Donald Trump decided to stop producing pennies, calling it an unnecessary expense. Existing pennies will stay in use until they gradually disappear as businesses adjust their prices.

Key Facts

  • The U.S. stopped making pennies after more than 230 years.
  • President Donald Trump said penny production was wasteful.
  • The half-cent coin was the last U.S. coin discontinued in 1857.
  • Existing pennies will remain in use but will gradually disappear.
  • Businesses will need to adjust prices as pennies become less common.

Source Information