Goodbye to the Penny: How America’s Final One‑Cent Coins – and a Looming Nickel Fight – Could Change Your Wallet
The U.S. Mint in Philadelphia struck the final circulating penny on November 12, ending 232 years of one-cent coin production after a directive from President Trump. Five special “Omega” pennies, marked as the last, are expected to fetch up to $5 million each at auction. The penny remains legal tender, but banks are rationing and some retailers are rounding prices. Auction proceeds will fund Mint operations.