Saw this at a grocery store today, I know there’s been talk for years about phasing out the penny. I just wasn’t aware it’s finally actively happening..
Saw this at a grocery store today, I know there’s been talk for years about phasing out the penny. I just wasn’t aware it’s finally actively happening..
Can’t wait for angry old ladies bitching about not getting their 2 cents back
DARKCYD on
I didn’t realize it either.
Poodlepink22 on
This sounds like the plot of Office Space
ToStringMethod on
This is 40 years too late…. Smallest coin should be the quarter
franktheguy on
It seems like it may be dependant on the individual banks as to whether you can still get pennies or not. One of the banks my workplace uses no longer offers pennies as of now, the other one is still status quo. The fed reserve may have stopped producing but it’ll take a decade or more for them to decline out of common use. Meanwhile cashless transactions are ever more common anyhow. I won’t miss pennies, they’re more trouble than they’re worth, literally.
Distinct_Sir_4473 on
It’s so late that we may as well have also gotten rid of nickels and round to the nearest .10 instead
Penny was already a hot button for costing more than it was worth, in like *2010*, with people trying to kill it as early as the 1970’s
Lame af
StefanAnton on
We’ve been doing it for years in Canada. It was very anticlimactic.
Jaded-Coffee-8126 on
Bruh the pennies are my favorite part. I try to collect as many old pennies as I see, 1938 being my oldest rn. I’ll sue the us treasure for emotional damage 🙁
Responsible_CDN_Duck on
This was one of the earlier executive orders POTUS signed.
jgulliver75 on
Been doing it for ages in Australia. Not a big deal at all.
Any_Raise_1560 on
Suck it Benjamin Franklin !
buildersent on
The mint placed the final order for penny blanks for 2026. The penny is not going anywhere for years. 2027 will be the first year for no production.
This is nothing but a cash grab by stores much like happened in some areas after covid.
papercut2008uk on
Ending the production of them, they will still be around there are trillions of them.
I don’t see how they would just stop being able to aquire them?
ScadaTech on
This is really going to put a dent in the smushed penny machines found at theme parks and such.
eppinizer on
So is it going to be the “take tickle, leave a nickle” tray now?
GradeFlimsy3135 on
They probably were waiting for a big enough circulation. Shot in the dark as an idiot would this maybe help USD become more valuable over a long time?
sirduckbert on
To put it into perspective, the US got rid of fractional cents in 1857 making a penny the smallest denomination. That’s equivalent to about 25 cents today, so why stop at the penny?
Setukh87 on
Oh thank god. No one’s going to be able to give their two cents anymore.
Klin24 on
I mean there’s a few pennies still in circulation.
McFizzlechest on
So penny candy is now free?
Ok-Trip-8009 on
Canada has done this for years.
Whiteshovel66 on
Happy to phase it out as long as places stop charging me x.99 for things.
Or worse, I got charged something.01 the other day and luckily had the penny on me. Had to laugh at that one.
gmasterson on
It came as a surprise to me. My bank called one day and said, “starting next Tuesday we won’t service pennies anymore. The treasury is no longer allowing orders for them.”
It happened faster than was announced.
ReadRightRed99 on
Now im understanding why I heard a manager tell an employee at Walmart yesterday that they’re out of penny rolls and he should just round up change to the nearest nickel. I didn’t think anything of it other than it was odd they didn’t have penny rolls at Walmart.
ReadRightRed99 on
What I’m not understanding is why there “supply of pennies has been cut off?” There are billions upon billions of them in circulation. Are banks prohibited from giving them out now? Are they actively removing them from circulation?
the_cardfather on
Last one of these I saw in McDonald’s had the specific examples of what will round up or down
Hibyehaha on
Pennies cost more to make than their worth. Been like that for a long time
wojtekpolska on
When the Half-Cent was discontinued in 1857, it’s purchasing power was equivalent to today’s 19 Cents in 2025 US Dollars.
So basically there’s precedent to removing 1, 5, and 10 cent coins.
Seleenawill on
We did this in Canada years ago
nyITguy on
THANK GOD!!! Absolutely the only good thing Trump has done yet.
pikkdogs on
Little do they know that the government never made a Penny.
31 Comments
Can’t wait for angry old ladies bitching about not getting their 2 cents back
I didn’t realize it either.
This sounds like the plot of Office Space
This is 40 years too late…. Smallest coin should be the quarter
It seems like it may be dependant on the individual banks as to whether you can still get pennies or not. One of the banks my workplace uses no longer offers pennies as of now, the other one is still status quo. The fed reserve may have stopped producing but it’ll take a decade or more for them to decline out of common use. Meanwhile cashless transactions are ever more common anyhow. I won’t miss pennies, they’re more trouble than they’re worth, literally.
It’s so late that we may as well have also gotten rid of nickels and round to the nearest .10 instead
Penny was already a hot button for costing more than it was worth, in like *2010*, with people trying to kill it as early as the 1970’s
Lame af
We’ve been doing it for years in Canada. It was very anticlimactic.
Bruh the pennies are my favorite part. I try to collect as many old pennies as I see, 1938 being my oldest rn. I’ll sue the us treasure for emotional damage 🙁
This was one of the earlier executive orders POTUS signed.
Been doing it for ages in Australia. Not a big deal at all.
Suck it Benjamin Franklin !
The mint placed the final order for penny blanks for 2026. The penny is not going anywhere for years. 2027 will be the first year for no production.
This is nothing but a cash grab by stores much like happened in some areas after covid.
Ending the production of them, they will still be around there are trillions of them.
I don’t see how they would just stop being able to aquire them?
This is really going to put a dent in the smushed penny machines found at theme parks and such.
So is it going to be the “take tickle, leave a nickle” tray now?
They probably were waiting for a big enough circulation. Shot in the dark as an idiot would this maybe help USD become more valuable over a long time?
To put it into perspective, the US got rid of fractional cents in 1857 making a penny the smallest denomination. That’s equivalent to about 25 cents today, so why stop at the penny?
Oh thank god. No one’s going to be able to give their two cents anymore.
I mean there’s a few pennies still in circulation.
So penny candy is now free?
Canada has done this for years.
Happy to phase it out as long as places stop charging me x.99 for things.
Or worse, I got charged something.01 the other day and luckily had the penny on me. Had to laugh at that one.
It came as a surprise to me. My bank called one day and said, “starting next Tuesday we won’t service pennies anymore. The treasury is no longer allowing orders for them.”
It happened faster than was announced.
Now im understanding why I heard a manager tell an employee at Walmart yesterday that they’re out of penny rolls and he should just round up change to the nearest nickel. I didn’t think anything of it other than it was odd they didn’t have penny rolls at Walmart.
What I’m not understanding is why there “supply of pennies has been cut off?” There are billions upon billions of them in circulation. Are banks prohibited from giving them out now? Are they actively removing them from circulation?
Last one of these I saw in McDonald’s had the specific examples of what will round up or down
Pennies cost more to make than their worth. Been like that for a long time
When the Half-Cent was discontinued in 1857, it’s purchasing power was equivalent to today’s 19 Cents in 2025 US Dollars.
So basically there’s precedent to removing 1, 5, and 10 cent coins.
We did this in Canada years ago
THANK GOD!!! Absolutely the only good thing Trump has done yet.
Little do they know that the government never made a Penny.