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  • 2 months ago
After more than two centuries in circulation, the U.S. Mint in Philadelphia will strike its final penny on Wednesday, ending a tradition that began in 1793.
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00:00After more than two centuries in circulation, the U.S. Mint in Philadelphia will strike
00:04its final penny on Wednesday, ending a tradition that began in 1793.
00:10President Donald Trump ordered the phase-out, citing the rising cost of production, nearly
00:14four cents per coin, as wasteful and outdated.
00:18While billions of pennies remain in circulation, they've largely fallen out of everyday use,
00:23surviving mostly as nostalgic keepsakes.
00:25The abrupt end has sparked mixed reactions, with some retailers frustrated by a lack
00:30of federal guidance and collectors mourning the loss of a small but iconic piece of U.S.
00:35history.
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