
The U.S. Mint struck the final circulating pennies on Nov. 12 in Philadelphia, with Treasury Secretary Scott Bessent and Treasurer Brandon Beach present; the last five coins were marked with a special omega stamp and will be auctioned at an unspecified future date. Numismatic experts predict a collector frenzy—estimates range from around $1 million up to $2–5 million for the final strike and smaller but still significant sums for the subsequent coins—potentially setting record prices. The move follows a presidential order to cease penny production after the Mint said each coin costs 3.69 cents to make; roughly 300 billion pennies remain in circulation, though some retailers are already rounding cash transactions to the nearest five cents amid local shortages.
The U.S. Mint struck what the Treasury Department called the final circulating pennies on Nov. 12 in Philadelphia, with Treasury Secretary Scott Bessent and Treasurer Brandon Beach present; the last five coins were stamped with a special omega mark and will be auctioned at an unspecified future date. The Treasury did not disclose auction timing or mechanics, creating uncertainty around provenance and market timing for collectors and investors. Numismatic experts quoted in the article project wide valuation dispersion: John Feigenbaum estimated $2 million–$5 million for the final strike, while Mike Fuljenz suggested up to $1 million for the final penny and $10,000–$20,000 for subsequent pieces; Fuljenz advised immediate authentication and grading by CAC, NGC or PCGS to establish pedigree. These comments imply a potentially intense, highly speculative auction market for a handful of uniquely stamped coins rather than a liquid, broad-based asset opportunity. Policy and cash‑use implications are concrete: President Donald Trump ordered penny production halted in February because each penny costs 3.69 cents to mint, yet roughly 300 billion pennies remain in circulation. The article notes some retailers, including McDonald's, are already rounding transactions amid local shortages, and the supplied signals rate overall sentiment as mildly positive but assign a low market impact score (0.12), indicating limited systemic financial effect.
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