Posted on: May 25, 2025 03:47 PM

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Currency name penny is leaving forever and ever

The US Treasury announced no more penny production once they ran out. This is due to the higher cost of making pennies out of copper which now costs more than 20%. This will save the Treasury $56 million in costs.

President Trump says it costs 2 cents to make 1 cent not worth it but the real math is 4 cents in today's market.

1792 was the year the penny was made. Since then, it has had its own ups and downs.

So once the pennies run out, hopefully, 99 cents may run out and call it even a buck or a dollar not counting tax. Maybe raise tax to round off the numbers.

However, some are demanding a new bill by Congress to introduce a roundup in pricing so people don't rant or bark over prices involving 1, 2, 3 or 4 cents. For this, there are new features coming soon to expand from crypto to bitcoins and the usual credit cards.

It will be a while until the pennies run out since there are 114 billion coins out there so don't worry too much and carry on with the usual life.