<h5>A Historical Goodbye</h5><p>The United States has stopped making pennies after 232 years. A penny is a small copper-coloured coin that has been used since the early days of the country.</p><p>People do not use pennies much anymore, and making them causes a loss to the country, so the government decided to retire them.</p><p>The last penny was made at the Philadelphia Mint. This is the same place where the very first penny was made more than 200 years ago.</p><h5>What Is a Penny?</h5><p>A penny is the smallest coin in the US. It is worth one cent, which is 1/100th of a US dollar. This means 100 cents (or 100 pennies) make one dollar.</p><p>The first penny was made in 1793 and was almost all copper. Later, the designs of pennies became smaller and lighter. The most famous penny shows President Abraham Lincoln, and it has been used since 1909.</p><p>Since 1982, pennies have been mostly made of zinc with a thin layer of copper on top.</p><p>The penny has been an important part of American life for more than two centuries.</p><h5>Why Did the US Stop Making Them?</h5><p>The main reason is money. Making one penny became more expensive than the penny itself.</p><p>In 2024, it cost 3.69 cents to make just one penny, while the penny's actual value is just 1 cent. This means the government lost money every time a penny was made. In one year, the losses became more than 85 million dollars!</p><p>Copper and zinc became expensive, shipping costs more, and many people were keeping pennies in jars and drawers instead of using them again.</p><p>By 2025, the government said it was no longer practical to keep making pennies.</p><h5>What Happens Now in the US Money System?</h5><p>People in the US can still use old pennies. They are still legal, but shops and banks will slowly have fewer of them because no new pennies are being made.</p><p>The US will now use rounding for cash payments. If the final price ends in one or two cents, it is rounded down to the nearest five cents. If it ends in three or four cents, it is rounded up to the nearest five cents.</p><p>Digital and card payments do not change, because they can process the exact amount.</p><h5>Conclusion</h5><p>The penny is ending because it became too costly and too small to be useful in today’s modern world.</p><p>As more people use cards and digital payments, small coins are becoming less important all over the world.</p><p>Even though new pennies will not be made anymore, their long history shows how a country’s money can change over time.</p>

The United States has decided to stop making pennies after 232 years because producing them now costs more than their actual value, causing a loss to the country.

US Ends the Penny After 232 Years

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US Ends the Penny After 232 Years

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