US Mint in Philadelphia to press final penny as the 1-cent coin gets canceled

PHILADELPHIA (AP) — Back in 1793, a penny could get you a biscuit, a candle or a piece of candy. These days, many sit in drawers or glass jars and are basically cast aside or collected as lucky keepsakes.
But their luck is about to run out.
FILE – Pennies sit in a penny press machine at the American Dream mall, March 2, 2025, in East Rutherford, N.J. (AP Photo/Julia Demaree Nikhinson, File)
The U.S. Mint in Philadelphia is set to strike its last circulating penny on Wednesday as the