The Treasury Department will stop putting new pennies into circulation by early next year. Afterward, there won’t be enough pennies to use in everyday cash transactions, and businesses will need to start rounding up or down to the nearest 5 cents, the Treasury said in a statement.
The U.S. penny was one of the first coins made by the Mint after its establishment in 1792. At the time, its design featured a woman with wind-swept hair. The penny has since shrunk in size, and its composition has changed from pure copper to a mix of zinc and copper. In 1909, Abraham Lincoln was first featured on the coin in honor of his 100th birthday, according to the Mint. Advertisement
https://www.wsj.com/finance/penny-coin-mint-ending-2026-b1717de0?stream=top
