The U.S. Mint in Philadelphia on Wednesday pressed its last penny, marking the latest step in the 1-cent coin’s demise.

President Donald Trump ordered the cancelation of the penny earlier this year, noting that the cost of making them had became more than their value.

Here’s what you should know about the penny’s long history in the U.S.

When was the first penny minted?

The penny was one of the first coins made by the U.S. Mint after its establishment in 1792, when only the half-cent was being produced along with the 1-cent coin.

Congress eventually discontinued the unpopular half cent in 1857, but kept the modest penny after deciding to making it smaller to save money on the copper needed to make the coin. Today, the penny is made with 97.5% zinc with copper plating.

Where will thes

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