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flag The U.S. ended penny production on after decades of declining use and rising costs.

flag The last U.S. penny was minted on November 12, 2025, at the Philadelphia Mint, ending a 238-year tradition after President Trump directed the U.S. Mint to halt production in February due to the coin costing nearly four cents to make. flag Though still legal tender, the penny’s removal has caused unexpected challenges for retailers, particularly in states and cities requiring exact change, leading some businesses to round prices down and risk financial losses. flag A Federal Reserve study estimates rounding will cost consumers about $6 million annually. flag With no national transition plan, retail groups are urging Congress to act, as the U.S. lacks the phased approach seen in countries like Canada and Australia.

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