After 232 years, the U.S. penny has been laid to rest.

In a Nov. 12 ceremony, the U.S. Mint struck the final, circulating “one-cent coin (penny).”

“... The Mint celebrates 232 years of penny manufacturing,” Kristie McNally, acting Mint director said during the ceremony.

“While general production concludes today, the penny’s legacy lives on. As its usage in commerce continues to evolve, its significance in America’s story will endure.”

The penny was first authorized by the Coinage Act of 1792 , an act that created the first U.S. Mint and established the rules for America’s money system, making the penny one of the longest-running coins in U.S. history.

Read more: Check twice before spending that penny: It could be worth millions

The act established the first official U.S. moneta

See Full Page