The United States Mint has officially ended production of the one-cent coin, also known as the penny, on 12 November, closing a 232-year-old chapter in American currency. US Treasurer Brandon Beach struck the final coin at the Philadelphia Mint, marking the end of an era.

Once common in everyday use, the penny has lost much of its value over time and is now considered nearly worthless.

Will the 1-cent coin become out of use?

Although the production has ceased, billions of pennies remain in circulation. They will retain their 1-cent value and continue as legal tender. They are not being recalled or demonetised, though their use will naturally slow down. Also Read | Will US flights resume? Relief in sight for Americans as govt shutdown nears end

US Treasurer Brandon Beach told rep

See Full Page