A penny for your thoughts? Well, maybe try a nickel. Though it will remain legal tender, the last-ever one-cent coin was printed Wednesday—and not without some drama.

After being in circulation for 232 years, the U.S. Mint in Philadelphia hosted a ceremonial event during which U.S. Treasurer Brandon Beach struck the final circulating penny. There are an estimated 300 billion pennies currently in circulation, a number “far exceeding the amount needed for commerce,” the Mint said in a statement but retailers say they’ve already been dealing with coin shortages and a lot of confusion about how to price goods and services.

It took about nine months for the penny’s final day to arrive. In February, President Donald Trump announced that he had instructed the Mint to stop making the coin, citin

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