old pennies worth thousands

Treasury Halts Pennies After $85M Loss — Last Batch’s Secret Marking Revealed

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Treasury Halts Pennies After $85M Loss — Last Batch's Secret Marking Revealed

The humble penny, a fixture in American pockets for over two centuries, is officially bowing out—but not without leaving behind a potential fortune for savvy collectors and everyday coin enthusiasts. In a historic move, the U.S. Treasury has ended penny production after racking up an $85 million loss in 2024 alone, with the final coins minted in August 2025 at the Philadelphia Mint. This decision comes as each penny costs 3.69 cents to produce—nearly four times its face value—turning what …

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U.S. Treasury Halts Penny Production After $85M Loss — Rare Old Pennies Worth Thousands

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U.S. Treasury Halts Penny Production After $85M Loss — Rare Old Pennies Worth Thousands

For over two centuries, the humble penny has been a staple in American pockets, jars, and junk drawers—but that’s changing fast. In a bold move to curb escalating costs, the U.S. Treasury has officially ended penny production after incurring an $85 million loss in 2024 alone, with the final coins minted in August 2025. This marks the end of an era for the one-cent piece, first introduced in 1793, driven by the fact that each penny costs 3.69 cents to …

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