Skip to content

Death of the U.S. Penny!

The American penny was officially discontinued last week after 232 years of circulation, marking the end of its use in an era increasingly dominated by digital payment methods such as Venmo and Apple Pay. First introduced in 1793 during Alexander Hamilton’s tenure as Secretary of the Treasury, the penny has played a significant role in U.S. currency history. While some pennies remain in public circulation, the majority are stored in various locations. The discontinuation leaves the nickel, dime, and quarter as the primary coins in regular use. Individuals are encouraged to use any remaining pennies at their discretion. Further details regarding official proceedings can be obtained from the U.S. Mint.