In February, President Trump announced that he ordered the Treasury to halt penny production, thus ending a 232-year tradition dating back to 1793. Today, the last penny ever will be minted at the U.S. Mint in Philadelphia, according to CNN.
This dramatic policy shift has sent ripples through the numismatic community and could transform ordinary pennies into valuable collectibles. While millions of Americans view pennies as mere pocket change, certain rare dates and varieties already command impressive premiums in today’s market.
