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Penny Production to End

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Industry Observer with Retired

Penny Production to End

The Treasury Department said Thursday it plans to phase out production of the penny, making good on President Donald Trump’s directive that the U.S. government stop producing its one-cent coin after more than two centuries.

A Treasury spokesperson said that the agency had placed its final order of penny blanks this month and that the U.S. Mint would continue manufacturing pennies until that supply runs out. Politico

A face up penny is sitting in a bin with other pennies.

 

Asiatic Lily, Longwood Gardens, Kennett Square, Pennsylvania USA IMG 2599
Canon PowerShot G11
Photograph by Roy Kelley
Roy and Dolores Kelley Photographs 
Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Comments(7)

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Gerard Gilbers
Higher Authority Markeing - Asheboro, NC
Your Marketing Master

They have kicked this around for more than 30 years!! They actually did this overseas in some of the military concessions due to lack of change.

May 22, 2025 06:02 PM
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Hi Roy.I will miss seeing Honest Abe Lincoln around as much but not the penny.Abe, I knew you well. I collected pennies and coins when I was a kid. I wonder if there will scam pricing such as rounding up on a price instead of rounding down. In mass, the rounding can be a lot. Jeff

May 22, 2025 11:01 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Roy, Maany people are split on this. Some think getting rid of the penny makes sense to save money, while others feel it's still useful for exact change or just like having it around

May 23, 2025 01:27 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

I heard that, Roy. As I rarely pay cash for much of anything these days, I figure it won't impact me all that much.

May 23, 2025 04:55 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Roy - following the money in this case may be short sighted as a diversionary tactic.  

May 23, 2025 06:05 AM
Patricia Feager
Flower Mound, TX
Inactive/Semi Retired Real Estate Agent

Roy Kelley - I would imagine that many creative hobbyists will be reinventing the penny in unusual ways to make more than a penny's worth. 

May 23, 2025 06:56 AM
Lew Corcoran
Better Living Real Estate, LLC - East Bridgewater, MA
Expert guidance. Exceptional results.

Thanks for sharing this fascinating tidbit, Roy Kelley! Who knew that after over 200 years, the penny’s finally saying its goodbyes? 🪙 Appreciate the update—always fun to stay in the loop with these quirky changes!

May 25, 2025 04:12 PM