The Treasury made its final order of penny blanks this month, the Journal reported, citing a spokesperson, meaning the Mint will only produce pennies until it runs out of blanks. The end of the penny will mean businesses will have to round up or down prices to the nearest five cents,

The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's early days, according to reports. The US Treasury made its final order of penny blanks and will stop distributing the one-cent coins by early 2026,

Online chatter has lots of folks looking at their caches of coins hoping to find Lincoln wheat pennies that they unrealistically hope are priceless.

The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year.

Once the penny is officially discontinued, certain rare specimens could see a spike in market value. Currently, some examples are valued between $15,000 and $2.4 million, and may become even more desirable due to limited supply. This trend is likely to affect not just collectors, but also investors in the growing rare coin market.

Becoming a millionaire with a penny is possible if you have one of these rare specimens. This is the one-cent coin that could be worth up to $1.7 million.

The U.S. Treasury has ordered its last batch of “blanks” that it uses to form pennies, a department spokesman confirmed.

Move follows directive from President Trump issued over growing bipartisan support in Congress to phase out pennies

That can lead to coins like the 1943 Lincoln bronze cent, which was made out of bronze in error. It should have been made out of zinc-coated steel, with the Mint having stopped using bronze which was needed for the war effort. Around 20 bronze Lincoln cents have been discovered, with the most expensive being sold for $1.7 million.

A penny saved was a penny earned. A penny bought your thoughts. A penny was pretty. A penny was pinched. A penny might even be hiding in your loafer. There won’t be as much of that anymore. The Treasury Department said on Thursday that it was phasing out the penny.